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,

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,

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

Although Carter, who has served as a producer on more than one of James’ TV and movie projects, is closely tied to the Los Angeles Lakers star, sources told ESPN that James is not involved

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.