Maverick Carter, LeBron James' business manager, has been enlisted as an adviser by a group of investors seeking to raise $5 billion to form an international basketball league that would serve as a rival to the NBA,
While LeBron James is still on the court for the Lakers, his business manager Maverick Carter is involved with a new international league. Here's what you need to know.
One way this could rival the NBA at some point is the possibility for players to get equity in the league, allowing them to make even more money. It's similar to what WNBA players have just created with the Unrivaled 3-on-3 basketball league,
Why is the NBA considering a new league overseas? Which cities are being discussed? Will this delay stateside expansion? Here's everything we know so far.
LeBron James' business partner, Maverick Carter, is looking to build an international basketball league to compete with the NBA.
NBA has international competition from LeBron James partner Maverick Carter and $5 billion dollars from Saudi Arabia
LeBron James' business partner and longtime ally, Maverick Carter, is reportedly advising the group and its $5B venture
LeBron James' manager Maverick Carter is reportedly involved in an effort to launch a new league that would rival the NBA.
This LIV Golf but for basketball idea will happily take money from private equity groups and sovereign wealth funds (like Saudi Arabia's).
For decades, the NBA has remained at the top as the best basketball tournament on Earth. That doesn't mean they haven't had their fair share of competition.
A group of investors, backed by a number of private equity funds, are "seeking to raise $5 billion to form an international basketball league," according
During Adam Silver's tenure as the commissioner of the NBA, the league has taken some inspiration from EuroLeague basketball with the NBA's In-Season Tournament.