Reported about 11 hours ago
A group of investors, led by Maverick Carter, seeks to raise $5 billion for an international basketball league designed to compete with the NBA. The proposed league would feature six men's and six women's teams, with a global rotation of games in eight cities, modeled after Formula 1's schedule. However, establishing such a league faces significant challenges, especially in a market where the NBA has a strong foothold.
Source: YAHOO