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, sources told ESPN, confirming a story first reported Thursday by Bloomberg.
The group — which includes multiple private equity funds — is looking to form a league consisting of six men’s teams and six women’s teams, playing games around the world, sources told ESPN.
Though Carter, who has served as a producer on multiple of James’ TV and movie projects, is closely tied to the Los Angeles Lakers star, sources told ESPN that James is not involved in the efforts with this new league.
James, whose current Lakers contract includes a player option for the 2025-26 season, has expressed interest in becoming an NBA owner once his playing career comes to an end.
Bloomberg reported that the investment group might try to tap private equity…
