Foster who owns 16.3 % in the company, has previously been to prison for being involved in a Ponzi scheme. However, Lonzo and the family were completely unaware of this.
Foster has now filed a counter lawsuit against Lavar for embezzling over $2.5 million from the family owned companies, but its unclear whether there is truth to these allegations, or this is merely a distraction.
Secondly, the Big Baller Brand shoes were garbage, and they were physically hurting Lonzo and his game. Lonzo mentioned on the lighthearted podcast that he would have to change into a new pair of ZO2 shoes every quarter because they would constantly rip apart.
Zo had no choice but to change sneaker brands.