JAY-Z has claimed that he has lost $20 million as a result of the recently dismissed rape lawsuit filed against him and Diddy.
While the lawsuit was dropped by the anonymous accuser last week, Hov claims to have suffered significant financial harm due to the explosive nature of the allegations.
In a declaration submitted days before the dismissal as part of a separate case against attorney Tony Buzbee, who represented the rape accuser, the rap mogul claimed that he lost out on contracts totaling $20 million as a result of the lawsuit.
“Mr. Buzbee’s actions undermined my relationship, and my company Roc Nation’s relationship, with other businesses in the sports and entertainment space,” the filing reads.
“We have agreements to produce entertainment programs for certain sporting events. After Mr. Buzbee filed the lawsuit, the media reported that other businesses could end their deals with Roc Nation, and forced one to speak out and address whether these false allegations would end our business relationship,” it adds, alluding to the NFL.
“Immediately after Mr. Buzbee went public with his false accusations, my company Roc Nation also lost other contracts in the sports and entertainment space that would have generated revenues of approximately $20 million per year.”
Jay-Z’s lawsuit against Tony Buzbee over the now-dismissed rape lawsuit continues, and he recently filed a declaration describing his experience.
“I felt that Mr. Buzbee was placing a gun to my head that I either bow to his demands or endure personal and financial ruin.” pic.twitter.com/e82HdN6sok
— Meghann Cuniff (@meghanncuniff) February 15, 2025
JAY-Z also accused Buzbee of deliberately timing the lawsuit to coincide with the premiere of Mufasa: The Lion King, which stars his wife Beyoncé and daughter Blue Ivy, to “put me in the position of having to choose between supporting my daughter or hiding to avoid the negative press.”
He added: “I was harshly criticized by others for accompanying my daughter to the premiere of her movie a day after Mr. Buzbee filed the Jane Doe lawsuit against me. Media outlets reported that Disney was hesitant over my attendance at the premiere because of the accusations.”
The lawsuit, which accused JAY-Z and Diddy of raping a 13-year-old at a party in 2000, was dismissed without prejudice last Friday (February 14) after the plaintiff voluntarily withdrew the suit.
Hov celebrated the move as a “victory,” despite the damaging impact of the allegations.
“The fictional tale they created was laughable, if not for the seriousness of the claims,” he said in a statement. “I would not wish this experience on anyone. The trauma that my wife, my children, loves ones and I have endured can never be dismissed.”
He also hit out at Buzbee, adding: “This 1-800 lawyer gets to file a suit hiding behind Jane Doe, and when they quickly realize that the money grab is going to fail, they get to walk away with no repercussions. The system has failed.
“The court must protect victims, OF COURSE, while with the same ethical responsibility, the courts must protect the innocent from being accused without a shred of evidence. May the truth prevail for all victims and those falsely accused equally.”
Diddy’s legal team also welcomed the move, saying: “Today’s complete dismissal without a settlement by the 1-800 attorney is yet another confirmation that these lawsuits are built on falsehoods, not facts,” referencing the vast number of other sexual assault allegations against the Bad Boy boss.
No worries, he’ll get that back easily. Besides he should be thankful he’s not Diddy or Drake’s ass
Jay z probably did more fcked up than Drake
He’s guilty the footage will come out soon just like it did against Diddy! He and Beyonce are guilty!!!
Am I supposed to feel sorry for Hov? That’s pennies to this man
He is worth over a billion dollars. 20 million is is less than 2 percent his net value. if you were worth 50,000, that would be 1000 dollars, if you were worth 100,000 that would be 2,000 and so one. In other words STFU!. you’re account probably didn’t even notice the 20 mill missing. you lost 2 percent and make that public? Tell all the people that a messily 2% is more than anyone one person could ever fathom having to begin with. You lost it, and won’t notice it like pennies missing from a jar. Fuck outta here.
@Hmmm There’s this thing called “Principle”. He lost money fighting a fraudulent case. Guarantee if you had to pay out ANY amount of money defending yourself against bogus child SA allegations you’d be upset too. Because it not about the money. It’s the. “Principle”.
Is that the same a me having to pay $6.00 for a dozen eggs🤔. Carry on!!!
Yep. You lost $6 over that egg drama
@Tobin Unless it cost a pack of eggs to dismiss a fraudulent lawsuit publicly accusing you of SAing a 13 year old, I’d say of course not.
@gemlord, okay, maybe it was exaggerated… so like two, perhaps three packs of eggs.
He sure as fuck does not know how to read a room. Yes Jay-Z people everywhere are sympathizing with you. You may have to get a loan from Blue Ivy.
jay z feels like a tattle tale lil bitch sometimes! You’re a billionaire you prick suck it up!
Not everyone thinks like a p***y
I dont feel bad for him at all considering on So Appalled he rapped “unlike Hammer 50 million cant hurt me”.
maybe he shouldnt have forced himself on that person