Lee Daniels Agrees To Pay Damon Dash The $2M He Borrowed

    Damon Dash rolled up on Lee Daniels at a Diana Ross concert this month and demanded the $2 million he had loaned the director. After video of the heated confrontation made the rounds, Lee evidently decided to put the situation to rest.

    In a new interview with TMZ, the Empire mastermind promises he is paying back the former Roc-A-Fella mogul in full.

    “When nobody in Hollywood was giving me money, after my Academy award, unprecedented with Halle Berry, nobody was giving me money,” he said. “Damon’s crazy ass was crazy enough to give me money for The Woodsman and for Shadowboxer. The investment for Shadowboxer didn’t pay off.”

    “I am in the position now to get it to him, so I’m going to get it to him because I think that’s the right thing to do. It sadly took that wake-up call during Diana’s ‘Reach Out And Touch Somebody’s Hand’ for me to realize that and for me to sit with myself.”

    Dash caught wind of Lee’s interview and accepted Lee’s apology in an Instagram post on Friday (June 29).

    “We’re good bro,” he wrote in the caption. “Appreciate the honesty…time to move forward let’s forget the bubble gum shit and get the money.”

    Daniels is currently focused on his two television shows, Empire and Star. [apple_news_ad type=”any”]

    12 thoughts on “Lee Daniels Agrees To Pay Damon Dash The $2M He Borrowed

    1. Lee Daniels, YOU OWE Dame that money! It was an investment but it wasnt an investment where if you lose, everyone’s out of money. You promised to give that man his money back in 3 months tops in 2004 / 2005. We in 2018! Take the L, pay him what you owe and say i will give dame this money because i OWE it to him…

      1. I am glad he admitted he was wrong, but now it’s time to pay up. Dame is a legend and a visionary. So is Lee Daniels

    2. Interesting Dame is interested in letting bygones be bygones. More then likely hoping to make a move with Lee Daniels because Daniels is still making moves in Hollywood. Once a snake always a snake. Glad the situation is resolved, but it only came about because of social media exposure.

    3. Big daddy Lee Daniels was probably saving that $2M for wild nights of glory holes and gay bondage, molling popping and Cocaine sniffing gay life style.

    4. Wow, lee Daniels is very shady. Someone has to put you on blast to get their money back? Perhaps Monique has a point a about him…..looking at him differently now.

    5. Why can’t Damon Dash & Lee Daniels can’t recoup off the Richard Pryor movie that’s getting shelve again and what happen Oprah Winfrey playing Richard Pryor mother ?

    6. It’s unfortunate that it took this blast for Mr. Daniels to see the light (more like he was shamed into repaying his debt) but I’m happy to see that Mr. Dash will receive his money. It’s the right thing to do at a minimum! BTW…No one just “gives” you $2 millions dollars unless a non-profit cause (and tax write-off). Lee Daniels knew exactly what this was!

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