illegal profits from drug trading, leading to the label's eventual release from its distribution contract by 2005. Def Jam also blocked Murder Inc. and TVT Records from releasing a Cash Money Click reunion album, due to Ja Rule's contractual obligations, which alleged that Cohen paid Ja and Irv Gotti $8 million not to submit the project to TVT, but instead to parent company Universal. This resulted in TVT suing Def Jam, alleging infringement, fraud and tortious interference, winning $132 million in a judgment, but was later reduced to $126,000 after Universal and Def Jam appealed the ruling, claiming that the existence of an agreement between the parties meant that their behavior was only a breach of contract and not fraud. The final shares of Roc-A-Fella Records were sold to Island Def Jam in 2004 for $10 million. By that time, Roc-A-Fella and Def Jam had launched the career of rapper-producer Kanye West. His debut, The College Dropout, went on to sell over two million copies. Co-founder Damon Dash and Kareem "Biggs" Burke were forced out of the label as Cohen left IDJMG for Warner Music Group, and was replaced by music executive Antonio "L.A." Reid. Frustrated, Liles and now-chairwoman of Atlantic Records, Julie Greenwald (who had been a part of the Def Jam staff since 1990) eventually decided to follow Cohen to Warner. A bidding war for Jay-Z's contract began, and Reid appointed Jay-Z president of Def Jam on December 8, 2004. Long time label veterans LL Cool J and DMX (the latter of whom had five number one albums under the label within a five-year gap between 1998 and 2003), as well as new signee Joe Budden expressed discomfort with Jay-Z's leadership of the label, having altogether left the label since then. Under Jay-Z's leadership, Def Jam launched the successful careers of contemporary R&B singers Rihanna and Ne-Yo. At the end of 2007, after he released American Gangster, Jay-Z decided not to renew his contract as the president and CEO of Def Jam in order to start his new Live Nation venture, Roc Nation. Following Jay-Z's departure, L.A. Reid took over leadership of the label, as opposed to hiring a replacement. In June 2008, Shakir Stewart was appointed as the executive vice president of Def Jam, a position that was previously left vacant since December 2007. However, on November 1, Stewart committed suicide, vacating the position again. Stewart was