Damon Dash’s financial troubles deepened this week after his film production company was sold at a court-ordered auction for just over $100, highlighting the severity of the Hip-Hop mogul’s ongoing legal and monetary struggles.

On Tuesday, Dash watched as Poppington LLC, the film company he founded, was sold for a mere $100.50 during a court auction intended to offset more than $1 million in damages stemming from multiple defamation lawsuits. The auction drew little interest, with only a single bidder in attendance.

The winning bid was placed by Mike Muntaser, CEO of Muddy Water Motion Pictures, according to reports. The situation carried a sharp sense of irony, as Dash reportedly owes Muddy Water Motion Pictures over $4 million, a debt that directly contributed to the forced sale of his assets.

Dash’s legal issues originated from a dispute over the independent film Dear Frank. In 2022, a New York jury ruled that Dash was liable for copyright infringement related to the project, a verdict that was later upheld by a federal judge. Filmmaker Josh Webber subsequently secured a separate $4 million defamation judgment after Dash made damaging statements about him during a business podcast appearance.

The auction package included rights to several films associated with Dash, most notably Honor Up, a movie starring Dash himself alongside Cam’ron and Stacey Dash. Also included were the sequel Too Honorable, the documentary Welcome to Blakroc, and a personal project titled We Went To China: Our Search For Like Minded Individuals. Despite the cultural value of these works, their sale price barely impacted Dash’s outstanding obligations.

In September, Dash filed for bankruptcy, claiming he had only a few thousand dollars to his name. At the same time, court documents revealed that he owed approximately $25 million in federal and state taxes, child support, and other debts. As a result, the $100.50 auction proceeds made virtually no difference in reducing what he still owes to creditors, including Webber, who remains entitled to nearly the full amount of his judgment.

These legal battles have already cost Dash a significant portion of his legacy. In November 2024, his one-third ownership stake in Roc-A-Fella Records was sold at auction for $1 million after the state moved to recover $8.7 million in unpaid back taxes. Although Jay-Z attempted to block the sale through legal action, the auction proceeded, leaving the state as a partial owner of the iconic label that released Jay-Z’s debut album.

Dash’s problems continue to escalate. Last week, Webber and attorney Chris Brown filed a new $10 million lawsuit against Dash in federal court in Los Angeles. The suit alleges that Dash deliberately sabotaged Webber’s $10 million deal to direct and produce a film titled TORN by publicly accusing him of criminal behavior and threatening to pursue RICO charges.

According to court filings, Webber secured the TORN agreement in August 2025, but the deal unraveled just weeks later after Dash appeared on The Breakfast Club and made statements that allegedly damaged Webber’s reputation. Dash later sent Webber a text message threatening a civil RICO lawsuit and demanding $100 million, which he then shared on Instagram alongside mocking captions.

The lawsuit further claims that at least one investor insisted Webber be removed from the TORN project due to concerns over reputational risk caused by Dash’s public accusations. As these cases move forward, Dash’s legal and financial challenges show no signs of slowing, raising serious questions about the future of his remaining business interests and public standing.