"Empire" creator Lee Daniels agreed to pay over $1.7 million to settle the lawsuit brought by Damon Dash.
According to newly filed court documents obtained by The Blast, the terms of their 2018 settlement have finally been revealed.
Last year, Dash sued Daniels for $5 million, accusing him of breaching their contact over the Richard Pryor biopic they were planning to work on. He said Daniels was dragging him along without giving him details. Daniels never responded to the allegations of the lawsuit.
He did reach a confidential settlement with Dash in November 2018. The terms of the deal were confidential until now.
Per the settlement agreement, Daniels is paying Dash a total of $1,782,500 with installments. The first payment was to be paid in November 2018 and will be paid in full by January 2021.
Dash agreed to give up any co-executive producer credit on the Richard Pryor film and any backend percentage of the biopic. The $1.7 million will settle all claims against Daniels.