Jay-Z Claims To Have Lost Out On $200 Million In Amended Defamation Suit Against Tony Buzbee

BY Zachary Horvath 3.4K Views
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Jay-Z has been at Tony Buzbee's neck since the rape lawsuit was dropped against him and he's claiming to have all sorts of receipts.

Jay-Z is not going to rest until he receives some sort of justice for the "false, malicious lie" that was Tony Buzbee's lawsuit. He and the controversial attorney have been going back and forth in court since the rape filing was dropped in February. Hov has been trying to sue back for defamation since March.

But this month, the rap icon has come forward with some new dirt on Buzbee in this amendment. Part of it includes the mega financial losses he's suffered thanks to the damning but untrue allegations. According to the new filing, Jay-Z claims to be out a whopping $200 million overall per documents obtained from Live Bitez.

That comes in the form of contracts within the sports and entertainment realms, a personal credit line and loan. The former two would have brought him in a minimum of $20 million. However, as the documents claim, "The full fee would have been many millions higher had the contract been performed." As for the credit line it would have been $55 million. Finally, the loan was going to be $115 million.

Overall, fans of Jay are cheering him on for going after Tony Buzbee. "That’s right jay ! Run me my money !!!!" Another goes, "defamation case. They better leave Shawn Carter alone! Smh." "Good! I hope Tony gets disbarred! Then hopefully it will help unc Shannon too."

Jay-Z & Tony Buzbee

Jay's claims about financial loss date back to a week after the suit from the anonymous woman was dropped as well. Per HipHopDX, he referenced the same $20 million tied to sports contracts in another filing. "Mr. Buzbee’s actions undermined my relationship, and my company Roc Nation’s relationship, with other businesses in the sports and entertainment space."

It went on to add, "We have agreements to produce entertainment programs for certain sporting events. After Mr. Buzbee filed the lawsuit, the media reported that other businesses could end their deals with Roc Nation, and forced one to speak out and address whether these false allegations would end our business relationship."

Furthermore, "Immediately after Mr. Buzbee went public with his false accusations, my company Roc Nation also lost other contracts in the sports and entertainment space that would have generated revenues of approximately $20 million per year."

About The Author
Zachary Horvath is one of the Music Freelance News Writers at HotNewHipHop and has held that title since August 2023. Prior to this position, he held another freelance gig covering local high school football, girls and boys varsity basketball, in addition to recapping Cleveland Cavaliers games remotely. He's taken the previous experience and used it to become a jack of all trades at HotNewHipHop. Zach has thoroughly enjoyed tackling some of the trending topics in sports, with a larger focus on hip-hop and pop culture. Some of those include Bronny James's draft stock, a multitude of angles swirling around the Drake and Kendrick Lamar beef, as well as Diddy's arrest and lawsuits. Separate from the headlines that everyone wants to hear about, he was fortunate enough to help spread Zaytoven's current thoughts at the time around mid-December in 2023. Even though being able to give his expertise on these stories is fulfilling, being able to share his passion for releases trumps that ever so slightly. Having the chance to express his excitement indirectly about what he thinks our readers should be checking out/revisiting grows his passion for writing that much more.

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