Investors are reportedly trying to create a rival league to the NBA, but they're facing an uphill battle
LeBron James' business partner and longtime ally, Maverick Carter, is reportedly advising the group and its $5B venture
Investors Seek $5 Billion for Basketball League to Rival NBA
A group of investors being advised by Maverick Carter, Los Angeles Lakers star LeBron James’ business partner, is seeking to raise $5 billion from private capital sources to form an international basketball league to rival the National Basketball Association,
LeBron James’ business partner is raising $5 billion for a basketball league to rival the NBA
Maverick Carter, Lebron James’ business partner, is advising a group of investors looking to put together an international basketball league. UBS and Evercore are advising on the deal, while early backers include tech executives and a private equity firm with a stake in Carter and James’ media company.
"He wants the NBA to think about what he can do" - Stephen A. Smith says Maverick Carter's league is LeBron James' power move
Maverick Carter, the longtime business manager of NBA superstar LeBron James, is at the center of all of this. LeBron's alleged involvement The mere mention of James in a huge development like this has set off a firestorm of opinions.
LeBron’s Business Partner Maverick Carter Linked to $5 Billion Bid for New International Basketball League
The landscape of basketball, and sports in general, is forever changing. This carousel of players is being paid what they’re owed before they even become professionals. Start-up leagues like Unrivaled,
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