50 Cent has recalled Dame Dash‘s not-so-impressed reaction after he signed his $1 million record deal with Eminem and Dr. Dre.
Appearing on Gillie Da Kid and Wallo‘s Million Dollaz Worth of Game podcast, 50 explained how the Roc-A-Fella Records co-founder turned his nose up at the the huge offer he received from Interscope/Aftermath/Shady in 2002.
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He said: “The only person that pointed out that a million dollars was no money was Damon Dash, and he has no money now.”
Doing his best Dame impression, 50 recalled the mogul telling him: “That ain’t no money. After you get a watch, a chain, you look out for the homies and you do this, that and the third… it’s nothing.
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“And I was like, ‘N-gga, I’m from 134th Street. A million dollars is a lot of money.’ I’m thinking I hit the lotto! How you gonna say it’s no money?”
He added: “I just never forgot that because of how it felt.”
50 Cent says Dame Dash has no money now and calls Dame Dash out for telling him that the $1 million he received from signing with Eminem's Shady Records was no money.
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Dame Dash has gone through severe financial difficulties in recent years, with his one-third ownership share in Roc-A-Fella soon to be forcibly auctioned off to settle a nearly $1 million lawsuit judgement.
The sale of his shares in the legendary record label was recently delayed at the last minute due to Dash having almost $10 million in other debts.
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Both New York state and New York City have petitioned to receive money from the sale, with it being claimed that Dash owes $197,000 in child support and almost $9 million in taxes.
The minimum bid for Dame’s shares was $1.2 million, however that figure may now be raised by the judge to try and help settle the rest of the record executive’s extensive debts.
Dash himself has claimed that if his stake sells for over $10 million then he will throw in an original Roc-A-Fella chain from around his neck.
As for his seven-figure deal with Interscope, Eminem’s Shady Records and Dr. Dre’s Aftermath Entertainment, through which he released his first four studio albums, 50 Cent previously revealed how he spent that check.
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“I bought my grandmother a C220 Benz,” he told Apple Music’s Rebecca Judd on his Final Lap Tour last year. “I’ll never forget because when I got the car, I got it right away. It was the first thing I bought when the deal was done.”
50, who was raised by his grandparents after his mother died when he was eight, admitted his grandfather (who also passed away recently) wasn’t pleased with the gift.
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“And then I went on tour and I came back and my grandfather was on the porch and he was having a moment,” Fif recalled. “He was like, ‘I just went to work, hurt my back, came back, and she done brainwashed my kids.’
“And he was talking about my grandmother because he was looking at her car in the front yard and he didn’t have a car. He had the older car and he said, ‘I went to work, hurt my back. Until my back hurt — everything.’”
