Lavar Ball is probably the most talked-about sports dad of all time.
Aside from his 3 kids who are expected to be the future of the NBA, at least according
to Lavar, he is also the CEO of Big Baller Brand, the company that sold the ZO2 Prime
basketball kicks for $495 bucks!
And although it seems Lavar’s company may be in trouble, following allegations his long
time friend and business partner Alan Foster embezzled 1.5 million from the company, which
Lavar’s son, Lonzo, is a majority owner at 51%, Lavar doesn’t seem too concerned.
But Lavar has never shied away from being in the spotlight and never seems to back down
regardless of what’s going on.
At the time of this recording, there is tons of speculation Lonzo Ball is going to sign
with Nike, especially after removing he removed his Big Baller Brand tattoo from his arm and
turning it into a pair of awkward looking dice.
Now this is an updated video on the Rich life of Lavar Ball, so you guys may already know
about his 5.2 million dollar mansion in Chino Hills or his 400 thousand dollar convertible
rolls Royce Lonzo bought him for Christmas, but a lots changed since our last video.
At the time of this recording, Lavar’s net worth is still 4 million dollars, but with
what looks to be the downfall of his Big Baller Brand, that number might plummet and I’m
here to tell you all about it.
What's going on guys?
My name is Jarred Bronstein and today we are going to take a look at the financial come
up of the one and only Lavar Ball, CEO of the Big Baller Brand and what he spends his
fortune on here for you on The Rich Life.
We’ve done a couple videos in this series on basketball players or fans such as Kevin
Durant, Kyle Lowry and Raptors Superfan Nav Bhatia.
Be sure to check those out and as always let us know who is next in the comments down below.
Before we start off this video, our trivia question is how many views did the Ball Family’s
facebook show, Ball in the Family, get on their debut episode.
Stick around till the end of this video to find out and I'll see you guys after the intro.Lavar
Ball was born on October 23, 1967, and grew up in South Los Angeles California.
One of four boys, Lavar was a passionate athlete, playing quarter back on his high school football
team, and forward on the basketball team.
He attended West Los Angeles College, then transferred to Washing State where he would
start for the team.
After averaging 2.2 points per game, he would again transfer this time ending up at California
State University in LA, where he would play with three of his four brothers.
He also played as a tight end on the Long Beach City College football team.
Although his boys are known to be Big Ballers, Lavar actually didn’t play professional
basketball.
Instead, he opted to play America’s game.
On May 4, 1994, Lavar signed to the New York Jets on a contract worth a reported 150 thousand
dollars.
He was released on August 22nd, then re-signed on March 7, 1995, and assigned to the London
Monarchs of the World League.
He would then join the practice squads of both the Jets and Carolina Panthers, where
he would have earned around 7 thousand dollars a week.
But before the season was over, Lavar would be forced into retirement by a knee injury.
After coming to terms his dreams of being a professional athletes would come to an end,
Lavar, who was and is still in incredible shape, decide to work as a personal trainer
in California.
The average salary for a personal trainer in California, according to glassdoor.ca is
currently around 46.5 thousand dollars per year.
Lavar's wife, Tina also worked as the Athletics director at Vernon Middle School, part of
the Ontario Montclair School District.
According to Careetrend.com the average annual salary of a middle school athletic director
is just under 87 thousand dollars.
Now these are averages for 2019 but still, to scale it back to the late 90’s or early
thousands before all of this fame and fortune, it seems the Ball family wasn’t doing too
bad for themselves.
But all this would change and the Ball’s family stock would grow significantly when
Ball’s eldest son, Lonzo Ball, who was just traded to the Pelicans for Anthony Davis,
would be the projected first overall pick in the 2017 NBA draft.
In case you didn’t know, Lonzo was drafted second overall, but that wouldnt make a difference
to Lavar who would still speaks very highly of his son’s skills and future
in the NBA.
And since the trade, which will become official on July 6th, Lavar has guaranteed the Lakers
will never win another championship.
I mean I dont know if I can get behind that, especially now that they’re the favourites
to win the 2020 championship.
But Lavar definitely knows more about basketball than I do, so who am I to talk?
Love him or hate him, Lavar’s arrogance would eventually lead to him and his family
having a hit reality show on Facebook, called Ball in the Family.
According to a report put out by ESPN back in February of 2018, the Ball family was paid
millions of dollars for their reality show, produced by Bunim/Murray, who also produce
the wildly successful Keeping Up With the Kardashians.
At the time of this recording, the Ball In the Family page has just under 1.9 million
likes, a total of 82 episodes and they just aired their season 4 finale.
On June 12th, 2019, the show was renewed for a 5th season, with episode 1 expected to premiere
on August 18th of this year.
Even Warrior’s coach Steve Kerr get’s it.
Now as previously mentioned in this video, the Big Baller Brand has taken quite the hit
considering Lonzo ball has decided to distance himself completely from the brand that he’s
a majority owner of.
After reports that his Dad’s good friend and business partner Alan Foster stole as
much as 1.5 million bucks from Lonzo, it seemed the Baller Brand would be no more.
At the time of this recording the Big Baller Brand website is currently “under construction”
meaning you cant purchase any of their pricey merch.
I say pricey because before it was taken down, the ZO2’s debuted at a whopping 495 bucks.
In comparison to most other shoes, that’s almost a 125% markup.
But admist all these allegations, Lavar was on the latest episode of Ball in the Family
saying “I gotta have some business meetings with Alan and get the big baller brand running
even better.
The second round is always better.”
This was before Lonzo would tell his Dad about Alan’s criminal past.
Following this news, Lonzo would then tell his brother’s he’s leaving the Big Baller
Brand, who both agreed they don’t want to be associated with the brand either.
Since the report, videos have been posted of Lonzo’s manager throwing out the ZO2s
down a garbage shute, Lavar’s wife, Tina and Lavar throwing out all the Big Baller
Brand gear, and Lavar saying “The operation shut down”.
Now after all of these years, I find it hard to believe they’re just going to give up
on the brand they worked so hard to grow.
From the first shoe’s debut, to the following they were able to grow in Lithuania, the brand
of Big Baller has made a splash world wide.
Although Zo has been recently been linked with Nike and Adidas, their show ends with
Lavar telling the family they think they should keep the brand moving forward.
It ends with Lavar asking Zo what he thinks and then goes black.
Talk about a cliff hanger.
Regardless of what the Ball family decides to do with their brand, they’ve definitely
made their fare share of coin off the brand over the years.
But, according to the Better Business Bureau, the company has had a number of complaints
with people having to wait weeks or even months to receive their orders.
This lead to the business get a grade of F. Not a good look for what’s supposed to be
a luxury brand that would compete with the likes of Nike or Adidas.
But Lavar also has other ventures.
He made a deal with a company called Birstonas to import Lithuanian water to the United States,
branded with the Big Baller Brand logo.
Back in 2018, Lavar was quoted saying "Which NBA player is advertising water?
No one.
Everyone in the U.S. is for some reason too proud for water campaigns.
There are energy drinks that get advertised, but no one even thought about water.”
Well a year later, in February of 2019 photos of bottled water with Lonzo Ball and the Big
Baller Brand started making its rounds on twitter.
At the time of this recording i’m not sure if they’re still for sale or in production,
especially after Lonzo cut ties with the brand.
Back on May 1st Ball posted a promotional photo for the Big Baller Brand Mini camp,
which is a fundamentals basketball camp that was allegedly going to include all the boys
of the Ball family.
The camp is expected to tour the Middle East and Europe with stops in Qatar, Austria, Switzerland
and Belgium.
Ticket prices for this camp are going for 400 Euro each, but I’m not sure what the
status of the camp will be now with all the drama surrounding
the brand.
Now that interview was from April but It seems although the Big Baller Brand’s future is
still up in the air, Lavar will be able to continue living a lavish life style thanks
to his two of his three kids, who will most likely both have a bright future in the NBA.
Not to say Lavar is going to be relying on his kids by any means, but it seems they want
to reward their dad for all the ground work he put into them growing up to make them the
athletes they’ve become.
Most recently, just days after Lonzo was traded to the pelicans, Lavar’s youngest son Melo
signed with Illowara Hawks, which is in Australia.
According to Melo, who’s aiming to be the first overall pick in the 2020 NBA draft,
he feels this was the best decision for him.
Lavar also has the Junior Basketball Association, where his middle son, LiAngelo Ball plays
for the Los Angeles Ballers.
Reports claim the JBA isn’t doing as well as Lavar had hoped, with a New York Post article
claiming Lavar is having a hard time finding an audience.
He also received backlash for the pricing of his tickets, with court-side seats costing
as much as 100 bucks.
On top of all this, just the other day Lavar made a comment while on ESPN’s First Take,
hosted by Stephen A Smith, Max Kellerman and Qerim Rose that he’s being called out for.
During an interview Qerim asked Lavar can I switch gears with you for a second, which
Lavar responded with, you can switch gears with me anytime.
Rose and the First Takes crew definitely didn’t appreciate the comment, with Rose signing
off on the show saying “if anyones calling HR today, its me”.
One of Ball’s spokeswomen told TMZ “LaVar was asked if he wanted to switch gears, in
his mind, switching gears was ‘changing the subject anytime’ and he said, ‘yes,
you can switch gears with me anytime.
At NO time was that intended or meant to be sexual in nature.”
Despite all the drama surrounding Lavar and his family, the man is still worth 4 million
bucks at the time of this recording, But I got a feeling his stock may drop if the Big
Baller Brand does eventually fall through.
As mentioned in our previous video on Lavar Ball, he lives in a three story mansion built
in 2005 which is over 13 hundred square feet of interior space, including a formal entry,
media rooms, a chefs kitchen, a gym, eight bedrooms, and eight bathrooms.
The massive home has front and rear staircases, which are mainly just for show, because he’s
also got an elevator.
At the time of this recording Lonzo's boys have a combined net worth just under 15 million
with Lonzo valued at (10 Mil) Liangelo at (4 mil) and LaMelo at (700k).
But with Lonzo being the only one to make 8 figures for himself, he’s been quite generous.
He's apparently gifted both of his younger brothers cars, and for Christmas, dad a 400,000
convertible Rolls Royce.
Also, the mansion that Lavar owns was apparently bought by Lonzo.
The LA times reported that it was his LLC that bought the Big Baller Brand Mansion,
but when asked about it, Lonzo said “All I know is they live there”.
The Rolls Royce Dawn that Lonzo bought is a four seat, two door convertible hand made
in the UK, and features a direct injection 6.6 liter twin turbo v12 engine, with 563
horse power.
While the car starts with a price tag of 335 thousand dollars, the company claims most
orders come in around 400 thousand, which is what Lonzo is reported to have paid for
it.
But overall, Lavar lets his mouth do the talking and that’s about it.
He’s not a very flashy guy, doesn’t seem to wear much jewelry if any at all, and usually
only wears his Baller Brand clothing.
But again with the brand currently up in the air, and the latest episode of Ball in the
Family showing Lavar and his wife throwing out their Big Baller Brand clothing, it’ll
be interesting to see how Lavar dresses moving forward.
Maybe we’ll have to do a part 3 update on this guy after everything settles with this
case.
Im sure they’ll cover it in the season 5 Premier of Ball in the Family, but it’ll
be interesting to see if the premiere can beat out there season 1 episode 1 premiere
which clocked in over 26 million views.
At the time of this recording its up to 28 million.
Aright guys, I'm wrapping up this video here, My name is Jarred Bronstein.
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