All isn't too well on the business side of Big Baller Brand after news came down that Lonzo Ball has severed ties with BBB co-founder and business manager Alan Foster. ESPN's Ramona Shelbourne broke the story pointing out that Ball made the decision after $1.5 million went missing from his BBB and personal accounts. Ball told ESPN that he thinks Foster "used his access to my business and personal finances to enrich himself."
Foster, a longtime friend of the Ball family patriarch LaVar, owns roughly 16.5 percent of the Big Baller Brand company and has served as the family's business manager for over a decade. Lonzo's financial adviser raised a few questions about Foster and provided information that left LaVar "stunned" at the revelation. "I've always believed in the best in people. Regretfully, I put my complete trust in Alan Foster to manage my son's business affairs," LaVar told ESPN. "At the end of the day, family comes first, and I support Zo wholeheartedly. Together, we will make this right."
Source: complex.com