The auctioning off of Dame Dash ’s life rights is complete, and the winner is ready to spend $550,000 to own the mogul’s story — with the money set to go not to Dame, but to his creditors.
On Wednesday (Oct. 21), the trustee in charge of the Roc-a-fella co-founder’s bankruptcy served notice to the Florida court overseeing the process that the auction, which took place on October 1, was complete.
Everlasting Films, LLC — the same company that made a $37,000 “stalking horse” bid at the beginning of the process — was the winner, paying $550,000 for exclusive, worldwide rights to Dame’s life story, as well as “100 hours of video content, photographs, and memorabilia.” On top of that, they’ll get the rights to “an unreleased, in-development documentary/film project.”
If Everlasting Films doesn’t close the deal within the required period, a man named Doug Peters, who made his own half-million dollar bid, will get the rights.
The life rights process began back in August , when the trustee, Traci K.…