The group of investors is trying to raise $5 billion for an international league that would consist of 12 teams - six each for men and women.
LeBron James’ business partner and Klutch Sports Group Founder Maverick Carter is looking to own an international league. Since 2006, Carter has been working alongside James within the business world.
LeBron James' business partner, Maverick Carter, is looking to build an international basketball league to compete with the NBA.
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,
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.
LeBron James' manager Maverick Carter is reportedly involved in an effort to launch a new league that would rival the NBA.
One of LeBron James’ business partners is advising a group of investors interested in trying to form a $5B international basketball league to compete with the NBA.
The news about Maverick Carter raising $5 billion for an international league has opened up several conversations. The post LeBron James & Stephen Curry’s 13-Figure Connection Could Threaten Adam Silver’s NBA Following Liv Golf Takeover appeared first on EssentiallySports.
When news broke earlier this week that LeBron James’s business partner Maverick Carter was advising a group of investors on an international basketball league slated to compete with the NBA, most assumed King James himself would be involved in some capacity.
This LIV Golf but for basketball idea will happily take money from private equity groups and sovereign wealth funds (like Saudi Arabia's).
The league would consist of six men's and six women's teams playing in eight international cities on a rotating schedule.