Lonzo Cut Ties With Baller Brand Co-Founder After Money Went Missing
Ball Don’t Lie: Lonzo Ball Reportedly Cut All Ties With Big Baller Brand Co-Founder After $1.5 Million Went Missing
Source: MediaNews Group/Los Angeles Daily News via Getty Images / Getty
Lonzo Ball Reportedly Cut Ties With Big Baller Brand Co-Founder
According to the LA Times, Lonzo Ball severed ties with a part owner of Big Baller Brand and his father’s best friend, over his belief that the man took money without permission.
Gregory Alan Foster was accused by Ball’s financial planner of taking money from Big Baller Brand and general mismanagement of the Lakers point guard’s finances. ESPN reportedly has seen documentation that Foster took $1.5 million from Ball’s personal and business accounts and could not account for that money.
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In a statement provided to The Times, Ball said he directed Lukanga, his manager Darren Moore and his agent Harrison Gaines to “pursue all options to recover the money that was taken from my accounts. This has been a very difficult decision as I have a great deal of love and respect for Alan. But the time has come for me to take responsibility for my own career.”
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