Even when Jay-Z “loses,” he still wins!
The news of his failed partnership “Gold Jay-Z” — launched in 2013 with Parlux, a fragrance company — was made publicly known three months ago when a Manhattan jury cleared him of $67 million in damages regarding the deal. Jay-Z’s name has now been cleared even more as the company recently had to cut the check.
On Feb. 24, the Hip-Hop superstar won $4.5 million in unpaid royalties from Parlux, according to Billboard. Although the overall endorsement deal went downhill, a New York state appeals court brought truth to the light that sales were still made.
“The record is clear: Parlux sold licensed products after July 31, 2015, but failed to pay royalties on those sales,” wrote Justice John Higgitt of the New York Appellate Division, according to Billboard.
On top of the royalties, the court went on to rule that it would also include interest for the product sales.
The outlet reports that Jay-Z’s win follows after over six years of litigation and him not going down without a fight. While the company pleaded that he failed to promote the brand and breached his contract, he played his own card by countersuing “he had fulfilled his obligations despite numerous missteps from Parlux.”
Jay-Z currently holds the crown with the win, but the case reportedly could return to an appeals court as Parlux is seeking an appeal.
Rappers Winning Lawsuits
Earlier this year, Cardi B celebrated her own huge win in a defamation lawsuit.
AfroTech previously shared that the star filed the lawsuit against blogger Tasha K for making serious false accusations against her — claiming she was a prostitute, had STDs, and used cocaine. The defamation resulted in affecting Cardi’s mental state and pushed her to take a stand for herself.
The official verdict ruled that Tasha K had to pay up $1.25 million to Cardi.