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.

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

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

The NBA could have some international competition if a group of investors being advised by Maverick Carter, LeBron James' business manager, follows through on its ambitions. Among the investors seeking to raise $5 billion to form an international basketball league are Skype co-founder Geoff Prentice,

Smith warned LeBron James that the NBA won't react kindly to the news of a rival league being created. The existence of a competing league is already an issue, but the situation becomes more complex when a connection can be made to the face of the league in James.

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.

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,

Stephen A. Smith doesn't believe LeBron James won't be involved in Maverick Carter's proposed international basketball league.

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,

A group of investors, backed by a number of private equity funds, are "seeking to raise $5 billion to form an international basketball league," according

LeBron James ' long-time manager Maverick Carter is on the hunt for $5 billion in capital for a startup new basketball league. But according to reports, the Los Angeles Lakers star is not involved.