Late in March, Lonzo Ball cut ties with Big Baller Brand co-founder Alan Foster over an alleged $1.5 million missing from both his personal and business funds.
Since then, the 21-year-old has hinted at leaving Big Baller Brand for Nike and even covered the brand’s tattoo on his forearm with a new pair of dice.
As Ball and his family have reportedly considered ‘folding’ Big Baller Brand, the former No. 2 pick in the 2017 NBA Draft is taking another important step first.
Ball is suing Foster for more than $2 million plus interest with the following allegations, according to Ramona Shelburne of ESPN:
Los Angeles Lakers guard Lonzo Ball filed suit late Tuesday night against the former co-founder and manager of Big Baller Brand, Alan Foster, for damages of more than $2 million plus interest, alleging that Foster “conspired to embezzle millions of dollars and then divert those funds for his personal use, including to acquire assets in Ethiopia.