Things have hit the fan for Big Baller Brand and it’s biggest names. According to Ramona Shelburne of ESPN, Lonzo Ball filed a lawsuit against the co-founder of Big Baller Brand Alan Foster. Alan Foster is accused of stealing nearly $2 million of company funds for his own personal use. Shelburne details court documents acquired by ESPN regarding this case.
In court documents obtained by ESPN, which were filed electronically on Tuesday night in Los Angeles Superior Court and expected to be processed Wednesday morning, Ball alleges that “shortly after his release from prison, Foster embarked on his plan to target Ball and his family” and then “fleeced them of millions of dollars” by “creating a variety of corporate entities in which he gave himself ownership interests and managerial control.”
Recently, it was reported that Ball and upstart shoe company Big Baller Brand split over Alan Foster’s negligence. LaVar Ball, who is the founder of BBB and father of Lonzo, has his back against the wall regarding the company. Ball is certainly familiar to criticism, but his company is now in freefall after losing it’s top athlete.
Rumors began to swirl indicating the end of Big Baller Brand, and a potential folding of the company. But, Ball has indicated those rumors are not true and the company will continue operations.
Ball, 21, averaged 9.9 points, 5.3 rebounds and 5.4 assists per game while playing only 47 games in 2018-19.