Billionaire LeBron James backs $6 million-a-team youth league to rival Nike
Billionaires Africa | 12.11.2026 01:22
American billionaire LeBron James and fellow NBA star Kevin Durant are backing a new under-18 basketball league that will pay high school players and sell its teams for $6 million each, setting up a challenge to the grassroots circuits run by Nike and other shoe companies.
