Jay-Z Avoids Paying $67 Million Lawsuit

Jay-Z has a pretty great track record with life. He wins a lot and this is no different for Hov.

Jigga left a Manhattan courthouse on Wednesday afternoon a happy man. He was smiling because a judge ruled that he didn’t breach any contract in his endorsement deal with Parlux Fragrances and Gold by Jay-Z.

Billboard reports that the ruling allows Hov to avoid that $67 million in damages that they were trying to nail him for. The judge didn’t allow a cash reward for anyone involved. Jay-Z didn’t win any money ether, but that is probably okay by him.

Jay-Z’s countersuit for $6 million in royalties was thrown out, but the bigger deal was dodging that $67 million claim on his own head. Now he is free and clear and both sides can walk away.

“You failed to prove your case, they failed to prove their case,” Justice Andrew Borrok reportedly stated to Parlux’s legal team following the verdict. “You’re excused,” he concluded.

We will continue monitoring Jay-Z’s ongoing involvements right here at Thirsty.

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