I guess it’s safe to say that Big Baller Brand is officially done.
Lonzo Ball just took a huge step in distancing himself from his father’s footwear and apparel company after the revelation that family friend and co-founder Alan Foster had allegedly stolen $1.5 million out of his personal and business accounts.
“[Foster] used his access to my business and personal finances to enrich himself,” Ball told ESPN. “As a result, I have decided to sever all ties with Alan, effective immediately.”
To further distance himself from Big Baller Brand, the 21-year-old covered up his tattoo that he had got done, according to the Blast.
Lonzo Ball is the majority owner of Big Baller Brand at 51 percent. Foster, LaVar Ball and Tina Ball, Lonzo’s mother, each own 16.3 percent.
