LeBron James' business partner and longtime ally, Maverick Carter, is reportedly advising the group and its $5B venture

Maverick Carter, LeBron James' business manager, is reportedly part of a group looking to form a league that will rival the NBA.

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

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,

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.

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,

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.

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.

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