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

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,

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

Lebron James’ longtime business partner Maverick Carter—known as the negotiator behind James’ blockbuster lifetime deal with Nike—is working with a group of investors to raise $5 billion to create an international basketball league meant to compete with the NBA.

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.

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,

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.