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LeBron James and his business partner, Maverick Carter, are reportedly in discussions to raise $5 billion for the creation of an international basketball league.

According to ESPN, the league aims to rival the NBA, with plans to feature six men’s and six women’s teams competing across eight global cities. This ambitious project would also offer players equity stakes in the organization, a unique feature not currently available in the NBA or WNBA.

The idea of an international league aligns with James’ long-standing interest in team ownership, particularly in Las Vegas. While James was initially uninvolved in the league’s development, recent reports suggest he and Carter have been actively engaging with key stakeholders, including Miško Ražnatović, a prominent European agent. A meeting in France further fueled speculation about James’ involvement.

The league’s innovative structure would require full-time player commitments, barring participants from joining the NBA. This model mirrors other emerging leagues like Unrivaled, which offers competitive salaries and equity to players, but with a more traditional, full-time approach.

The timing of this initiative is noteworthy, as the NBA itself has been exploring expansion into Europe in partnership with FIBA. However, EuroLeague officials have expressed skepticism about the viability of such ventures, citing concerns over market impact.

As the basketball world watches closely, this potential league could redefine the sport’s global landscape, offering new opportunities for players and fans alike. With James and Carter at the helm, the project promises to bring innovation and competition to the forefront of international basketball.