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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,
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.
Maverick Carter Advising Investors To Rival NBA By Forming An International Basketball League: Seeking $5 Billion
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.
The Washington Post
3d
NATIONAL BASKETBALL ASSOCIATION
It has been a winter of discontent for the
league
even after it signed 11-year, $76 billion broadcast contracts. The NBA’s annual holiday showcase features five games, and four of them are star ...
2d
on MSN
D-I men’s basketball teams won’t need NCAA waivers for preseason games
Division I men’s basketball teams will be able to play two exhibitions against any other four-year schools without needing a ...
USA TODAY Sports on MSN
9d
What is Unrivaled? Teams, players, format, schedule, TV for women's basketball league
Unrivaled, a new three-on-three league founded by WNBA stars Napheesa Collier and Breanna Stewart, is set to begin. Here's ...
Hosted on MSN
1d
Basketball doc ‘The Waiting Game' delivers difficult view of ABA/NBA merger
The documentary "The Waiting Game" explores the long-term effects of the merger between the American Basketball Association ...
5d
on MSN
Former Duke Basketball Forward Matt Hurt Thrives Overseas
Matt Hurt has played all 22 games for the South East Melbourne Phoenix in his first season outside of the United States. The ...
5d
on MSN
Shaquille O'Neal's net worth: Unveiling the financial legacy of the basketball icon
Shaquille O'Neal, the NBA giant, has built an empire off the court, with investments in technology, hospitality and more. His ...
5d
on MSN
Former Basketball Player LiAngelo Ball Turns Viral Song “Tweaker” Into Def Jam Recordings Deal: Report
The athlete-turned-rapper, who goes by the name G3 Gelo, can reportedly earn up to $13 million in a deal with Universal Music ...
Yardbarker on MSN
2d
Report: LeBron James not involved in manager's rival basketball league
LeBron James has made it abundantly clear that one of his post-playing plans involves owning an NBA team. As such, it's ...
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