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LEE DANIELS: I'll Pay Dame Dash Back

Lee Daniels says he’ll give Dame Dash the $2 millie he’s owed -- and it only took getting shook down at a Diana Ross show.

The director says he’s been thinking about how much Dame did to help launch his career. And now Daniels says he wants to do “the right thing..” Lee says Dame’s $2 million was an investment, not a gift or a loan. But because the movie Dame helped finance, Shadowboxer, didn’t make bank at the box office, he never repaid the debt.

Dame brought the unpaid bill to Daniels's attention when he saw the producer in the crowd at a Diana Ross concert. The confrontation was caught on video. 

Dash previously sued Daniels for $5 million -- the $2 million plus interest. But Lee now says, “We’re gonna squash it -- and I feel good about it, he needs it right now and I’m happy to help him, cause he was helping me.” (TMZ)

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