Damon Dash bankruptcy trustee Traci K. Stevenson has confirmed the auction of the music entrepreneur’s life story rights to Everlasting Films for $550,000. The proceeds are intended for creditors, and a backup bidder is in place if the deal does not close.

Key Takeaways

  • Everlasting Films won exclusive worldwide life story rights along with video, photographs, memorabilia and an unfinished film project.
  • Dash declared $25 million in debt and $4,350 in personal assets when he filed for bankruptcy in September 2025.

What the Damon Dash bankruptcy auction includes

Stevenson notified the Florida court overseeing the bankruptcy on October 21, 2026, that the auction had taken place earlier in the month. Everlasting Films was the winning bidder.

The package includes 100 hours of video, photographs and memorabilia, as well as rights to an unreleased documentary or film project in development. Doug Peters made a $500,000 backup bid and would receive the rights if Everlasting Films fails to close within the stipulated period.

Why the rights were put up for sale

Stevenson sought to auction the rights in August 2026. She said Dash had not listed his life rights among his assets when he filed for bankruptcy, and argued that his public profile made them commercially valuable.

Dash co-founded Roc-A-Fella Records in 1994 with Jay-Z and Kareem “Biggs” Burke. He and Jay-Z also founded the clothing brand Rocawear in 1999.

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