Maverick Carter, Lebron James’ business partner, is advising a group of investors looking to put together an international basketball league. UBS and Evercore are advising on the deal, while early backers include tech executives and a private equity firm with a stake in Carter and James’ media company.

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

The group of investors is trying to raise $5 billion for an international league that would consist of 12 teams - six each for men and women.

For decades, the NBA has remained at the top as the best basketball tournament on Earth. That doesn't mean they haven't had their fair share of competition.

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,

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.

LeBron James' business partner, Maverick Carter, is looking to build an international basketball league to compete with the NBA.

LeBron James has made it abundantly clear that one of his post-playing plans involves owning an NBA team. As such, it's unsurprising he won't be involved in business manager Maverick Carter's ambitious plan to start a global basketball league rivaling the NBA.

LeBron James' manager Maverick Carter is reportedly involved in an effort to launch a new league that would rival the NBA.

Maverick Carter, a renowned business manager and longtime associate of LeBron James, is spearheading an ambitious $5 billion effort to establish a new International Basketball Leag

The league would consist of six men's and six women's teams playing in eight international cities on a rotating schedule.