TMZ Hip Hop has learned Paralux [sic] Fragrances sent $7,259,061.31 to Jay's team on Wednesday -- that's what the company owed him after losing the lawsuit it filed, way back in January 2016, claiming the mogul hadn't lived up to promotional obligations for the cologne Gold Jay-Z.
— Yep, it's finally over. Read more in JAY-Z GETS $7.2 MILLION PAYMENT!!! Closes Parlux Perfume Saga.
I’ll keep .001 of that and be flush with “new” perfumes for the next x years.
Seriously, he won’t even notice the difference in the payout.
But it is the principal of the thing, isn’t it? What a luxury, to able to spend time and money on fine points of creative misappropriation…
Jay Z Gold cologne actually smells good! Wow! 7.8 million like 100.00 to him. 😄
Seriously. Wonder how much it meant to Parlux.