{"id":49230,"date":"2025-07-31T04:26:08","date_gmt":"2025-07-31T04:26:08","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/49230\/"},"modified":"2025-07-31T04:26:08","modified_gmt":"2025-07-31T04:26:08","slug":"lebron-james-and-business-partner-reportedly-meet-with-top-european-agent-about-new-5-billion-basketball-league","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/49230\/","title":{"rendered":"LeBron James and business partner reportedly meet with top European agent about new $5 billion basketball league"},"content":{"rendered":"<p>Sometimes, there&#8217;s a lot more to an Instagram post than meets the eye, even when that post already contains LeBron James and the European agent of Nikola Joki\u0107.<\/p>\n<p>A post from Mi\u0161ko Ra\u017enatovi\u0107, <a data-i13n=\"cpos:1;pos:1\" href=\"https:\/\/www.eurohoops.net\/en\/nba-news\/1851992\/the-new-league-of-maverick-carter-is-the-possible-reason-for-lebrons-meeting-with-misko-raznatovic\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:described by Eurohoops as the biggest agent in Europe;cpos:1;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">described by Eurohoops as the biggest agent in Europe<\/a>, showed him meeting with the Los Angeles Lakers star and his longtime business partner Maverick Carter, with the caption, &#8220;The summer of 2025 is the perfect time to make big plans for the fall of 2026!&#8221;<\/p>\n<p>Advertisement<\/p>\n<p>[<a data-i13n=\"cpos:2;pos:1\" href=\"https:\/\/football.fantasysports.yahoo.com\/f1\/signup\" data-ylk=\"slk:Join or create a Yahoo Fantasy Football league for the 2025 NFL season;cpos:2;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">Join or create a Yahoo Fantasy Football league for the 2025 NFL season<\/a>]<\/p>\n<p>There was plenty of speculation about what the post meant after it popped up on Saturday (James to the Denver Nuggets?!), but <a data-i13n=\"cpos:3;pos:1\" href=\"https:\/\/frontofficesports.com\/lebron-james-maverick-carter-jokic-league\/\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Front Office Sports provided the explanation on Wednesday;cpos:3;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Front Office Sports provided the explanation on Wednesday<\/a>, reporting that the group was discussing a new international basketball league spearheaded by Carter.<\/p>\n<p>This international league has been in the works for months, with <a data-i13n=\"cpos:4;pos:1\" href=\"https:\/\/www.bloomberg.com\/news\/articles\/2025-01-16\/investors-seek-5-billion-to-form-basketball-league-to-rival-nba\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:Bloomberg reporting in January;cpos:4;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">Bloomberg reporting in January<\/a> that Carter was advising a group of investors seeking to raise $5 billion for a league that could rival the NBA.<\/p>\n<p>What would this new international basketball league look like?<\/p>\n<p>Per <a data-i13n=\"cpos:5;pos:1\" href=\"https:\/\/www.ft.czom\/content\/ff7622b1-3fc3-432b-a815-9b64761b0cbe\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:the Financial Times;cpos:5;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">the Financial Times<\/a>, investors include the Singaporean government, the Saudi Arabian sovereign wealth fund and a Macau casino operator.<\/p>\n<p>Advertisement<\/p>\n<p>The structure of the league would reportedly consist of six men&#8217;s teams and six women&#8217;s teams, touring across eight host cities around the world. Where it gets interesting is that the players will reportedly receive equity in the new league, but won&#8217;t be able to continue competing in the NBA if they sign up.<\/p>\n<p>There are similar efforts to set up a new league in different sports. The Unrivaled league in women&#8217;s basketball has also lured the world&#8217;s top players with a promise of equity, in many cases multiplying their WNBA salaries, but still allows them to compete in the WNBA.<\/p>\n<p>In the other direction, LIV Golf tours internationally and has enticed many big names to leave the incumbent PGA Tour, but without any apparent promise of equity. It&#8217;s possible some players negotiated a stake in the new tour, but they all appear to be well-compensated regardless.<\/p>\n<p>Who would play in this league?<\/p>\n<p>The question now becomes what kind of players would sign up for the league. A $5 billion enterprise sounds big, but it would be competing with a league that <a data-i13n=\"cpos:6;pos:1\" href=\"https:\/\/finance.yahoo.com\/news\/nba-agrees-terms-11-76-214310991.html\" data-ylk=\"slk:just signed $76 billion in television rights deals;cpos:6;pos:1;elm:context_link;itc:0;sec:content-canvas;outcm:mb_qualified_link;_E:mb_qualified_link;ct:story;\" class=\"link  yahoo-link\" rel=\"nofollow noopener\" target=\"_blank\">just signed $76 billion in television rights deals<\/a> if it goes after any NBA stars. That&#8217;s where a meeting with Ra\u017enatovi\u0107 and his European clients come in, as the future of basketball in Europe and elsewhere is beginning to look like a three-way fight.<\/p>\n<p>Advertisement<\/p>\n<p>In one corner is the incumbent EuroLeague. In another would be the Carter-led international league. And rounding out the group is <a data-i13n=\"cpos:7;pos:1\" href=\"https:\/\/frontofficesports.com\/silver-nba-will-explore-european-league-with-fiba\/\" rel=\"nofollow noopener\" target=\"_blank\" data-ylk=\"slk:the NBA&#039;s stated plans of exploring a sort of NBA Europe;cpos:7;pos:1;elm:context_link;itc:0;sec:content-canvas\" class=\"link \">the NBA&#8217;s stated plans of exploring a sort of NBA Europe<\/a> with new teams on the continent. You would figure that combination raises the price of players around the world, perhaps even giving some older NBA players a bump a la LIV.<\/p>\n<p>James&#8217; exact involvement, either as an investor or player, remains to be seen.<\/p>\n<p>There is an enormous amount of stuff we don&#8217;t know about these brewing leagues, but the amount of money shows just how serious this could get in a sports world where large cash reserves have proven very effective in tearing down the status quo.<\/p>\n","protected":false},"excerpt":{"rendered":"Sometimes, there&#8217;s a lot more to an Instagram post than meets the eye, even when that post already&hellip;\n","protected":false},"author":2,"featured_media":49231,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[64],"tags":[402,38180,3013,1055,38179,355,99],"class_list":["post-49230","post","type-post","status-publish","format-standard","has-post-thumbnail","category-nba","tag-basketball","tag-international-league","tag-lebron-james","tag-los-angeles-lakers","tag-maverick-carter","tag-nba","tag-sports"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/49230","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=49230"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/49230\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/49231"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=49230"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=49230"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=49230"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}