4 hours ago – via ft.com
Is basketball about to face its LIV Golf moment? Perhaps, in the form of a new start-up contest brewing under the direction of Maverick Carter, the sports marketing guru and business partner of LeBron James. It is still very early days. The group has no name, no headquarters and no launch date. It only has around 30 employees, and is still in the process of raising money. UBS is running a funding round with a target of $5bn. But it has some wealthy backers, including Skype co-founder Geoff Prentice. And now it is beginning to reel in some strategic partners.
Maverick Carter, Uncategorized