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.

A New York state appeals court sided with the rapper in his protracted legal battle against Parlux over a cologne endorsement, Billboard reported. In a ruling issued on Thursday, a five-judge panel agreed with a prior 2021 jury verdict that Jay-Z is not responsible for any wrongdoing in the deal and thus didn’t owe the company potentially $67 million in damages. The judges also agreed that Jay-Z was actually the one who was owed money, which amounts to almost $7 million in unpaid royalties.

— I was wrong last time, it wasn't over, and it might not be over yet. Read more in Jay-Z Is Owed $6.8 Million in Unpaid Royalties From a Perfume Company, N.Y. Court Rules at Robb Report.

A Manhattan judge has ordered a perfume company to pay Jay-Z nearly $7 million in unpaid royalties for his fragrance Gold Jay Z.

Manhattan Supreme Court Justice Andrew Borrok ruled Thursday that perfume company Parlux owes Jay-Z $6.78 million in unpaid royalties, including interest.

— And I think that's the end of the saga? Read more in Perfume company to pay Jay-Z nearly $7M in royalties: judge at New York Post.

Jay-Z is entitled to over $4.5 million in royalty claims against a perfume company that dragged him to trial last year, an appellate court ruled Thursday.

Perfume company Parlux filed a $68 million lawsuit against the “Empire State of Mind” rapper in 2016 accusing him of failing to uphold his end of a 2012 contract to promote his eponymous fragrance – Gold Jay Z.

— Read more in Jay-Z entitled to over $4.5 million in royalties in perfume dispute lawsuit at Page Six.

Mr. Carter testified he never bothered to look at the products or smell the products. What does this tell you? It tells you ... it was all baloney.

— That's Parlux’s attorney Anthony Viola, providing one last juicy nugget from the Parlux vs Shawn Carter lawsuit, which ended yesterday in a lose for everybody (Parlux lost their suit for $67 million in damages and Jay-Z lost his $6 million countersuit). Read more in NYC jury clears Jay-Z in breach of contract suit brought by perfume company at Daily News, or see Jury Clears Jay-Z In $68M Cologne Contract Case at Law360.