JAY-Z was awarded nearly $7 million in royalties by a Manhattan judge on Thursday (August 25) for his 2013 fragrance Gold by Jay Z.
Per the New York Post, Manhattan Supreme Court Justice Andrew Borrok ruled that Jay would be paid $6.78 million with interest in unpaid royalties by perfume company Parlux.
“We’ve been awarded and will be receiving the money as we should,” Hov’s lawyer Alex Spiro told The Post following the ruling.
The Brooklyn mogul and Parlux cut a deal in 2012 and they released their Gold by Jay Z fragrance a year later.
Parlux then sued Hov in 2016 after the cologne tanked and blamed Jay for not promoting the fragrance line properly. They alleged that Hov failed to show up for the Macy’s 2014 Jay-Z Gold launch and also skipped out on promo spots for Good Morning America.
In November, an NYC judge ruled that JAY-Z didn’t breach his contract with Parlux and helped him legally dodge the $67 million lawsuit.
Hov countersued and was awarded $4.5 million in royalties on February 24 by an appellate court in New York City stemming from past cologne sales that have stacked up, which Jay’s attorneys legally requested last fall.
“The record is clear: Parlux sold licensed products after July 31, 2015, but failed to pay royalties on those sales,” Justice John Higgitt wrote.
Parlux has filed yet another appeal of Borrok’s ruling.
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Gold by Jay Z was released around his Magna Carta Holy Grail album in 2013 and represents the opulent and decadent lifestyle Hov enjoyed in his 40s. The pure white three-ounce bottle is still available on Amazon for around $50.
I wonder what someone as rich as jay does with 7 mill? Put it in the bank? Spend it on a car? Buy drugs? Id probably buy $7mill worth of weed and damage my lungs for good.
I sell ice in the winter
I sell fire in hell
I am a hustler, baby
I sell water to a whale
I could sell dick to an african.
I was born to get cake, move on and switch states
Cop the Coupe with the roof gone and switch plates
Was born to dictate, never follow orders
Dickface, get your shit straight, fucker this is Big Jay
I, Will, not, lose, ever
Fucker!
That perfume smelled like a camel’s asshole, no wonder it didn’t sell.
Only a disgusting white person would know what a camels asshole smells like.
Nah ask Beyoncé!!!
Pretty sure there aren’t really camels around in white countries.
You dont know anything.
Ah yes. Nothing helps society more than giving 7 milly to a multibillionaire.
Because….. after winning your case fair and square, billionaires shouldn’t be compensated per broke and bitter comment-section pros, huh? ?
Still miffed YOU hvnt figured out how to become a billionaire on your own, huh? ?
Hymn