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Friday, March 22, 2019
ESPN: Lonzo cuts ties with ‘BBB’ co-founder
$1.5million is no small order. This happened to Duncan for an even greater amount some years ago, really unfortunate for Lonzo.
Los Angeles Lakers guard Lonzo Ball has severed ties with a co-founder of Big Baller Brand over concerns that the longtime family friend has a criminal past and also has not adequately accounted for the whereabouts of roughly $1.5 million from Ball's personal and business accounts.
Ball told ESPN that he believes that Alan Foster, a friend of Lonzo's father for almost a decade who owns 16.3 percent of Big Baller Brand, had "used his access to my business and personal finances to enrich himself. As a result, I have decided to sever all ties with Alan, effective immediately."