LeBron James is one of a number of NBA stars who have come together to purchase a new US sports franchise.
James, a one per cent stakeholder in Liverpool owners Fenway Sports Group, and business partner and fellow FSG partner Maverick Carter, joined forces with basketball stars Draymond Green and Kevin Love to purchase an as yet unnamed Major League Pickleball team.
James and Carter, through their LRMR Ventures company, are purchasing a stake in a team alongside Green, Love, investment firm SC Holdings, Relevent Sports Group co-owner and CEO Daniel Sillman, and CMO of James and Carter's SpringHill Entertainment Company, Paul Rivera.