NEW YORK, NY — In a stunning reversal of fortune for one of hip-hop’s most outspoken entrepreneurs, Damon “Dame” Dash’s film production company, Poppington LLC, was sold at a public auction yesterday for just $100.50.
The auction, held on December 30, 2025, marks a rock-bottom moment in the Roc-A-Fella co-founder’s multi-year legal and financial downward spiral.
The $100 Bid: “A Jab at His Ego”
The winning—and only—bidder was Mike Muntaser of Muddy Water Motion Pictures. The purchase was not merely a business transaction but a personal milestone in a long-standing legal feud. Muntaser, who was previously awarded nearly $1 million in civil judgments against Dash, told the New York Post that the $100 bid was a “jab” at Dash’s ego.
“I think he’s a fool, man,” Muntaser said following the auction. “He just blames everybody else and doesn’t look at himself in the mirror.”
The assets sold include the rights to Dash’s best-known film catalog, featuring titles such as:
- Honor Up (featuring Cam’ron and Stacey Dash)
- Too Honorable
- Welcome to Blakroc
- We Went to China
The Fall of an Empire: Debts and Defamation
The forced auction of Poppington LLC is part of a larger effort by creditors to satisfy over $25 million in total debt. This latest sale was specifically intended to chip away at roughly $1 million owed from a series of defamation and copyright infringement lawsuits, most notably involving filmmaker Josh Webber and the movie Dear Frank.
Dash’s financial situation has become a matter of public record following his Chapter 7 bankruptcy filing in September 2025. In that filing, the man once worth an estimated $100 million claimed to possess only $4,350 in personal assets, including:
- A $500 cell phone
- Two guns
- $100 in cash
- Assorted clothing and jewelry
Industry Reaction: 50 Cent Weighs In
The news of the $100 sale quickly went viral, drawing a sharp response from veteran agitator 50 Cent. Taking to Instagram, the G-Unit mogul mocked Dash’s fall from grace.
“Damn $1 dollar.. He popped,” 50 Cent captioned a post featuring the news headline. “They took his whole [stuff]! When I first got on he said a mill was nothing.”
What’s Next for Dame Dash?
While the sale of Poppington LLC satisfies a fraction of his legal obligations, Dash remains embroiled in a $10 million defamation lawsuit filed by Josh Webber just last week. Critics, including attorney Chris Brown (representing several of Dash’s creditors), argue the bankruptcy filing is a strategic “dodge” to avoid paying years of court-ordered judgments.
Dash has remained defiant on social media, recently posting a screenshot of his bankruptcy news with the caption: “Now let’s get to work. #staytuned.”
This report is part of our Entertainment Intelligence series. To support our coverage of the arts and industry news, please subscribe.
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