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Jay-Z Owes No Money!

Jay-Z Doesn’t Owe $68 Million!

The decision has been decided regarding the $68 million cases, with Jay-Z who is being accused of not upholding his side of a contract for a promotion, of his cologne.

On Wednesday, earlier last week (November 10th,) the news came out saying the Brooklyn rapper does not have to pay the $68 million.

Perfume company, Parlux claimed HOV failed to sustain their contract back in 2012 over the promotion of the cologne “Gold.”

Manhattan Jury decided the neither plaintiff nor the defendant would have to pay anything; after Parlux attempted to collect 68 million and Jay-Z fired back with $2.7 million in royalties.

In 2016 Parlux sued accusing Shawn Carter for not making an appearance for the Gold Jay Z launch back in 2014, and on “Good Morning America.”

“I’d like to express my gratitude to the jury, especially during these difficult times,” Jay-Z tells New York Post.

Lawyer, Anthony Viola who was representing Parlux made a statement to the Jurors that consisted of four men and two women.

“Parlux ended up with a celebrity fragrance line where the celebrity disappeared.”

Jay’s Lawyer, Alex Sprio also makes a valid point, why would he put his name on a cologne and want it to purposely fail?

“Why on Earth would Jay-z put his name on one product and only one product in his entire career if he wanted that product to fail? Why? And that’s a question they will never be able to answer because there is no answer.”

We know Jay-Z is was going celebrate that night, left with his hands in the air with a smile.

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