Los Angeles Lakers guard Lonzo Ball is suing Big Baller Brand co-founder Alan Foster for allegedly utilizing a "fradulent scheme" to take money from the company, The Athletic's Shams Charania reported on Tuesday.
According to Charania, lawsuit papers filed on Tuesday claim that Foster took money from Big Baller Brand "to purchase assets in Ethiopia as a means of, among other things, secreting stolen funds." Ball is suing for damages in excess of $2 million.
Ball's lawsuit comes in light of ESPN's report that revealed Ball was missing $1.5 million from his personal and business accounts.