April 2, 2018

BAD NEWS: RZA Will NOT Be Buying Wu-Tang Clan’s ‘Once Upon A Time In Shaolin’

BAD NEWS: RZA Will NOT Be Buying Wu-Tang Clan’s ‘Once Upon A Time In Shaolin’
(Photo Credit: Monica Schipper/Getty Images)

Questions surrounding the Wu-Tang Clan’s album Once Upon A Time In Shaolin continues.

The government seized the mythical project from Martin Shkreli after he was convicted of securities fraud and ordered to pay $7.4 million worth of assets. From there the mystery surrounding what will happen to the project continues.

In a recent interview with Rolling Stone, RZA revealed he did inquire about buying the album back, but the language in the contract stops him from doing so. Shkreli bought the album for $2 million in 2015.

“I’ve actually tried to get it back but the paperwork and the contract stops me from getting it back,” he said. “When [Shkreli] put it on eBay, the first thing I did was call my lawyer, and I was like, ‘Yo, let’s go.’ And they said, ‘All right, check with your contract.’ And it’s no, you can’t do it. Ain’t that a b****?”

He later continued.

“It was hard for me to sell that album because I wanted it to be on my living room table,” he said. “When it was finally completed and everything was sent out, I was like, ‘This would be great in the Wu mansion.’ Whoever comes by here can see this piece of art sitting in my living room. I argued with the people that invested money to get the project on its way, but they wanted [their investment] back.

“So it would’ve cost me more than the selling price in reality, because of the deficit that was already incurred. Also, everybody is like, ‘This ain’t for you. That’s even more selfish than selling it.’ They were talking to me to let that thing go.”

So what will happen to the project? I guess we’ll find out soon enough.