Maverick Carter advising investors trying to form $5 billion international basketball league, per report
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,
Investors looking to raise $5 billion to start rival league to NBA, Maverick Carter advising them
This LIV Golf but for basketball idea will happily take money from private equity groups and sovereign wealth funds (like Saudi Arabia's).
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,
Investors pitch new international basketball league that would offer players equity
The investors are looking to raise $5 billion to start a basketball league that could offer players equity to potentially lure them away from the NBA.
‘F1 for Basketball’: International League Effort Does Not Want to Challenge NBA
FOS reports that LeBron James is not involved in the effort. The post ‘F1 for Basketball’: International League Effort Does Not Want to Challenge NBA appeared first on Front Office Sports.
Maverick Carter among group of investors looking to form 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
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