Lonzo Ball is suing Big Baller Brand co-founder Alan Foster, according to a report from TMZ Sports. The Los Angeles Lakers star claims that Foster orchestrated a “fraudulent scheme” to take money from Big Baller Brand before putting it in his own personal account.
The lawsuit comes after an ESPN report that Foster swindled Ball for more than $1.5 million.
From the report:
Ball claims Foster began conspiring against them shortly after his release. It was reported last week that Foster — who owns around 16 percent of the company — allegedly stole the money and that Ball cut ties with him … so it was only a matter of time before it went to court.
As it turned out, Foster has a criminal past. Prior to getting close with the Ball family and working his way into their business, Foster spent multiple years in federal prison for his role in a Ponzi scheme.
Despite all of the drama, LaVar Ball claims that the brand is still strong.
“I’m not gonna let one roodypoo guy come in here and do something bad and then be like the brand’s not good,” Ball said, via TMZ Sports. “The brand is good. It’s just somebody did something bad to it … We had a snake up in the thing, but you gotta understand this — I’m a snake charmer. When you’re a snake charmer, you’re gonna get bit.”
LaVar’s comments come after a photo surfaced online showing his oldest son, Lonzo, covering up his BBB tattoo amid rumors that he’s considering a shoe deal with Nike. Lonzo’s manager, Darren Moore, aka D-Mo, had also recently posted a video showing a pair of ZO2 sneakers being tossed in the trash.