Overview

• Raznatovic said a group of investors is exploring a new basketball league intended to compete with the NBA and centered in Europe.
• He reported multiple conversations with Maverick Carter and said he accepted an official role as a consultant.
• A lunch meeting on a yacht that included LeBron James featured an hour-long discussion on structure, including scheduling, travel, player recruitment and promotion.
• Raznatovic clarified the meeting was about a startup league venture rather than player movement or LeBron joining Nikola Jokic.
• No financing, teams or public proposal has been announced, and reports note possible conflict with EuroLeague as the NBA pursues its own Europe strategy.