23 January 2025 link basketball
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, according to people familiar with the matter.
I’ve been working on a piece about how major league sports don’t innovate because they have a monopoly, but I don’t see this one working. At all.