Jay-Z is making it official.
The Hip-Hop mogul isn’t letting the rights to his debut album, “Reasonable Doubt,” fall from his hands because Dame Dash has to sell his share of Roc-A-Fella Records.
According to TMZ, legal representatives for Hov recently filed a notice stating that the rights of the 1996 project will be given back to the artist in 2031.
Jigga made the filing ahead of Dash’s upcoming auction, in which he will be selling off his percentage of the classic album. The auction is scheduled for August 29 with a minimum bid of $1.2 million required for the opportunity to participate in the sale.
Last month, Dash announced that he would be selling his share of “Reasonable Doubt” and just weeks later, TMZ revealed Dame’s 33.3-percent interest would be sold at an auction through the U.S. Marshals Service but Hov and his team weren’t going to make the sale go off just like that.
Under the law, 35 years after an album or song’s release, an artist can file a legal request for ownership rights to the copyrighted work. Jay-Z’s legal notice announcing his plan to file for reclamation of his ownership rights could potentially impact Dash’s plans to sell the album.
This could have a big implication on how high the auction will go.