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.
NBA has international competition from LeBron James partner Maverick Carter and $5 billion dollars from Saudi Arabia
LeBron James' manager Maverick Carter is reportedly involved in an effort to launch a new league that would rival the NBA.
LeBron James' business partner and longtime ally, Maverick Carter, is reportedly advising the group and its $5B venture
Lebron James’ longtime business partner Maverick Carter—known as the negotiator behind James’ blockbuster lifetime deal with Nike—is working with a group of investors to raise $5 billion to create an international basketball league meant to compete with 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).
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
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.
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.
The league would consist of six men's and six women's teams playing in eight international cities on a rotating schedule.
Sources told ESPN that LeBron James is not involved in the efforts with the proposed international league to rival the NBA, although his business partner Maverick Carter (left) has been enlisted ...