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METAIRIE, LA - JULY 16: Lonzo Ball #2 of the New Orleans Pelicans speaks at an introductory press conference on July 16, 2019 at Ochsner Sports Performance Center in Metairie, Louisiana. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this Photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2019 NBAE (Photo by Layne Murdoch Jr./NBAE via Getty Images
METAIRIE, LA - JULY 16: Lonzo Ball #2 of the New Orleans Pelicans speaks at an introductory press conference on July 16, 2019 at Ochsner Sports Performance Center in Metairie, Louisiana. NOTE TO USER: User expressly acknowledges and agrees that, by downloading and or using this Photograph, user is consenting to the terms and conditions of the Getty Images License Agreement. Mandatory Copyright Notice: Copyright 2019 NBAE (Photo by Layne Murdoch Jr./NBAE via Getty ImagesLayne Murdoch Jr./Getty Images

Report: Ex-Lakers PG Lonzo Ball Sells LA Big Baller Brand Warehouse for $4.3M

Megan ArmstrongJul 26, 2019

Lonzo Ball has reportedly sold Big Baller Brand's distribution warehouse in Los Angeles.Ā 

Neal J. Leitereg of theĀ Los Angeles TimesĀ reported Friday that a "limited liability company" tied to Ball sold the property for a little more than $4.265 million earlier in the month, according to public records.Ā 

In March, theĀ Los Angeles Times' Tania Ganguli reported that Ball had "severed ties" with Big Baller Brand part-owner Gregory Alan Foster after Foster was accused of stealing money from Ball. "ESPN reportedly has seen documentation that Foster took $1.5 million from Ball's personal and business accounts and could not account for that money," Ganguli added.

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Ganguli followed up her initial report the following month with a new one stating the FBI was investigating Foster after Big Baller Brand filed a lawsuit seeking $2 million in damages earlier in April.Ā 

Come May, Ball addressed the discord within the company his father, LaVar Ball, founded on HBO'sĀ The ShopĀ and said, in part (h/t USA Today):

"The way I feel about it is different. Why I covered the BBB up on my arm. Because when I saw that, I saw [Foster]. And that s--t just made me so - like I was tight. Because when we looked at the transactions, that s--t didn't start happening until my mom got sick. Because she took care of all the money s--t. So, that's what really hurt me. Like, that s--tĀ hurt me."

While Lonzo's future with BBB remains murky, the 21-year-old point guard is embarking on a fresh start in New Orleans as he was traded from the Los Angeles Lakers to the New Orleans Pelicans as part of a package that landed Anthony Davis in Southern California.Ā 

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