Los Angeles Lakers guard Lonzo Ball has parted with his agent, Harrison Gaines.

Ball issued a statement regarding the matter to ESPN's Ramona Shelburne on April 4.

Harrison Gaines has been a trusted advisor and close friend for many years. He guided my NBA career with integrity and always had my best interests at heart.

Harrison has always had my back and although we will no longer be working together after mutually deciding to part ways; our relationship will always be bigger than basketball.

For his part, Gaines also issued a statement to Shelburne on Thursday.

Lonzo Ball was the first client to sign with me. He has been nothing short of phenomenal and is one of the bright young NBA stars. I thank him and his family for giving me an opportunity.

Mutually, we have decided to part ways. I wish Lonzo great success in the future. As I turn this page, I will continue to work hard for all of my clients.

Gaines had served as Ball's agent since he left UCLA for the NBA after his freshman season, per Shelburne. The former was never a part of Big Baller Brand (BBB), the sports merchandise company Ball's father, LaVar Ball, founded with Alan Foster in 2016.

Gaines has his own sports agency company, SLASH Sports. According to Shelburne, he represents former NBA players Xavier Thames, Jamaal Franklin, Jabari Brown, and Isaiah Austin. Gaines also represents the Yale Bulldogs' Miye Oni, who many experts consider a top-50 prospect for the 2019 NBA Draft.

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The severing of the Lonzo Ball-Harrison Gaines ties comes just two weeks after the former sued Foster for damages amounting to at least $2 million.

Ball believed Foster, his father's best friend, allegedly stole money from him. Ball told ESPN his decision to part with Gaines has nothing to do with it.

Lonzo Ball has cut ties with his agent and his father's business partner. With the recent turn of events, the 22-year-old Lakers guard is seeking to start fresh at this point in his young NBA career.