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,

Maverick Carter, longtime close friend and business partner of LeBron James, is an advisor to a group of investors looking to form an international basketball league, per Bloomberg. The investors are seeking $5 billion from private capital sources to create a league of six men's and six women's basketball teams that will tour around the globe across different cities to play.

A group of investors being advised by Maverick Carter is seeking to raise $5 billion from private capital sources to form an international basketball league to 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.

League would comprise six men’s and women’s teams, with games played in eight cities around the world on a schedule modelled on Formula One.

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 bask

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 NBA, according to people familiar with the matter.