See The (Failed) Sales Pitch Jay Z Sent to Prince's Estate
Jay Z was willing to pay a very pretty penny to be able to handle Prince's unreleased music, reportedly offering upwards of $40 million.
Over the past couple of months, the mogul has gone to great lengths to try to secure the Purple One's catalog. Not only was he shot down, but he was also hit with a lawsuit from Prince's estate during the process. In a new report, specific details regarding exactly why Hov believes he would be the best suited to control Prince's music vault have now surfaced, and the whole thing is pretty darn impressive.
TMZ recently obtained the documents that Prince's estate filed against Jay Z, and the documents reveal exactly what the mogul was pitching, as well as why his business is booming. The new documents include a PowerPoint presentation detailing Roc Nation's pristine assets, which were included in order to try to show why they are worthy of the Purple One's music.
Additionally, a letter from Roc Nation's CEO addressed to Bremer Trust, the administrator of Prince's estate, was also included in the filing. In it, the CEO personally tries to persuade the trust to allow Hov's company to manage Prince's impressive and extensive catalog.
"[Prince] confided in and entrusted Mr. Carter and Roc Nation with his most prized possession, his creative expression," the letter reads. "They spoke not just as respected businessmen, but as artists aligned in mission."
Sadly, the pitch was not accepted, with the estate turning down the impressive business offer.
Take a look at Roc Nation shooting their best shot in the documents here.