Famous reporter: James and his business partners have withdrawn from the new $5 billion international basketball league plan

On October 19, ESPN reporter Brian Windhorst wrote an article reporting on the business plan of the Middle East consortium in the international basketball market.

Windhorst mentioned in the article the new international basketball league plan that James and his business partner Carter had previously joined. According to reports, James' long-term business partner Carter was originally an advisor to the start-up league, but last week he left the consortium that planned the project. It is understood that the company's goal in this project has shifted to competing with the WNBA, not the NBA. James' agent Rich Paul also said that James himself has no contact with the company.

According to previous reports, in France in July this year, James and Carter discussed with Nikola Jokic's agent Raznatovich a plan for a new international basketball league planned by Carter. The league has received financial support from investors including the Singapore government, SC Holdings, Riyadh Public Investment Fund, UBS Group, Skype founder Jeff Prentiss and former Facebook executive Grady Burnett, and is seeking to raise US$5 billion in funding.

Related news: Raising $5 billion, 26 players have equity! James meets with Jokic's agent to form new league