Though his childhood friend and business partner Maverick Carter is reportedly behind an effort to launch an international ...

League would comprise six men’s and women’s teams, with games played in eight cities around the world on a schedule modelled on Formula One.

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

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

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

Skype co-founder Geoff Prentice, former Facebook executive Grady Burnett, and the investment firm SC Holdings are also named as being involved in the project in Bloomberg's report. The format ...

Other backers include Skype co-founder Geoff Prentice, former Facebook executive Grady Burnett, and the investment firm SC Holdings, which is led by co-founders Jason Stein and Daniel Haimovic.

The investors are looking to raise $5 billion to start a basketball league that could offer players equity to potentially ...