An Instagram photo of LeBron on a boat, posted with a cryptic caption by the European agent of Nikola Jokić, drew a lot of scrutiny last week. FOS can report the meeting was not about the Nuggets or Lakers, but about the new international basketball league Maverick Carter is working to launch.
The mysterious boat meeting last week in France between LeBron James, his business partner Maverick Carter, and Nikola Jokić’s European agent was about the planned international basketball league being spearheaded by Carter, multiple sources tell Front Office Sports.
The photo, posted to Instagram over the weekend by Jokić’s European agent Miško Ražnatović, caused speculation about whether the trio was talking about James joining the Nuggets or Jokić joining the Lakers.
Sources familiar with the situation tell FOS it was not about the Nuggets or Lakers.
Eurohoops.net first reported the Carter-backed league was the “possible reason” for the meeting.
The caption of the post—which listed Saint Tropez, France as its location—teased, “The summer of 2025 is the perfect time to make big plans for the fall of 2026.”
Bloombergfirst reported about the upcoming league, writing in January that a group of investors advised by Carter was seeking to raise $5 billion. The league’s plan is to have a touring model with six men’s and six women’s teams playing in eight cities. FOS reported at the time that Carter was spearheading the effort and that James was not a part of it.
Ražnatović is a power player in European basketball. His BeoBasket agency—based in Belgrade, Serbia—has a partnership with Jokić’s American agency, Excel Sports Management, and has represented countless well-known European players, including Clippers center Ivica Zubac.
The upstart league scored funding from investors including the Singapore government, SC Holdings, Riyadh’s Public Investment Fund, UBS, Skype founder Geoff Prentice, and former Facebook executive Grady Burnett, the Financial Times reported in February.
FT also reported that the league expects to be a “full-time” responsibility, unlike the upstart women’s league Unrivaled, where the scheduling allows players to participate in both the new league and the WNBA. That means NBA players would not be able to play in both.
Like Unrivaled, players are expected to receive equity in the Carter-backed league. Current NBA rules bar players from having ownership stakes in teams, a rule Celtics star Jaylen Brown has said he would like to see changed.
Carter’s league has been compared to LIV Golf or Formula One, where teams would play in one city for a week or weekend before moving to another.
The NBA itself is also considering a new league in Europe. Commissioner Adam Silver said in March that the NBA is “ready to go to the next stage” and explore a new league in Europe with FIBA, the global governing body for basketball, as partners. But the NBA would likely have teams in European and U.K. cities, which would be a different format than Carter’s.
Silver and NBA deputy commissioner Mark Tatum met in London on Wednesday with U.K. Prime Minister Keir Starmer as they seek out “potential stakeholders in a new NBA Europe league,” Marc Stein reported on Wednesday. The NBA is taking steps as it explores the new league, including announcing Wednesday that the Grizzlies and Magic will play two regular-season games in Europe in January 2026, one in Berlin and a second in London.
EuroLeague CEO Paulius Motiejūnas is not in favor of a new NBA league. In a Tuesday Q&A with The Athletic, he talked about a meeting held earlier this year between the NBA and the EuroLeague, saying, “We said to them, like we said publicly, we don’t believe that the new league is something that would help the market.”
Ražnatović and Carter did not respond to requests for comment.
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As team officials, including team president Mark Clouse, testified before the council Wednesday in a five-hour, sometimes contentious hearing, the club detailed in writing an enhanced proposal for the planned project at the site of RFK Stadium.
The new commitments from the team for the stadium and mixed-use development include:
Accepting financial responsibility for all cost overruns.
Investing $50 million in community benefits over 30 years, with $20 million of that money focused on developing a youth sports complex that will be located adjacent to the new stadium. Another $10 million is earmarked for basic services in Ward 7, where the venue will be located, including subsidies for grocery stores in an area that has been described as a “food desert.”
Committing to a plan to build the new facility to top environmental standards. Ecological concerns were among the most frequently cited issues during a marathon hearing Tuesday lasting nearly 14 hours and centered on testimony from the public.
Developing open spaces in the RFK campus “with diverse uses in mind, including, but not limited to, a skate park, pole vaulting areas, a dog park, public plazas, and traditional parks.”
Agreeing to discuss potential collaborations with the NWSL’s Washington Spirit, and that “working with the Spirit … may result in a mutually beneficial relationship.” The soccer team currently plays at Audi Field. Magic Johnson is an investor in both the Commanders and Spirit. This element will mean designing the stadium with hosting soccer in mind, particularly for major matches, Clouse said, but no decisions have been made about that team’s long-term home.
Maintaining the legacy of the late Sen. Robert F. Kennedy, whose name is used for the stadium property in question.
Pausing planned development of a third parking structure at the site to further evaluate the need for one, while also promoting greater use of public transportation, including potentially with an additional Metrorail station.
“We have approached this process with humility and a spirit of collaboration,” Clouse testified. “Over the last several months, we’ve engaged directly with fans, neighbors, elected and community leaders, and small businesses—and we’ve listened carefully. We’ve had open conversations with District officials, shared information proactively, and worked in good faith to refine our proposal.”
Council Reaction
The team’s enhanced commitments generally drew a positive reaction, even from council members who had previously expressed skepticism over the project.
“I think we’ve made progress with this commitment letter,” from the Commanders, said council member Charles Allen, who has frequently spoken out against the stadium agreement.
Still, the team and D.C. Mayor Muriel Bowser were pressed by the council, and Allen specifically, about the project’s transportation plan and the significant influx of car traffic that is set to arrive—suggesting that more changes in this area are coming. The stadium area has generally not seen large-scale traffic since the Commanders, playing under their former name, left RFK Stadium after the 1996 season, and Major League Soccer’s D.C. United followed suit in 2018.
Many of the individual exchanges, however, also exposed existing political tensions between Bowser and certain council members.
Mayor’s Corner
Bowser testified Wednesday alongside the Commanders, and she stressed the potentially transformative opportunity to remake the long-blighted and neglected RFK Stadium area.
“To borrow a phrase, this is a BFD. Very big,” she said. “The time is now to act and not miss our chance.”
The council is set to take the first of two scheduled votes on the stadium funding Friday, with a second to follow in September. Passage is expected as council chair Phil Mendelson has marshaled additional support after recently restructuring the bill in advance of the Commanders’ latest commitments.
Postgame Pronouncements
After the two long days of hearings, Bowser was emphatic that the votes are there to pass the stadium bill, echoing Mendelson’s confidence.
“We have a great project. We have the right partner. It’s the right time. Everyone’s been heard. And now it’s time to vote,” she said.
“I don’t think we’re spending any energy on that [issue],” Bowser said in response to a Front Office Sports question. “We remain focused on what we can do as a city. … It’s also important to note that everybody’s kind of ready to go and are waiting on the approval.”
It’s been widely established that Caitlin Clark is the WNBA’s biggest viewership draw. However, Clark has missed 13 of the Indiana Fever’s 26 games this year—many of which have been on national television.
That hasn’t stopped the league from continuing to see tremendous viewership growth across all of its networks.
The WNBA is averaging 794,000 viewers through 56 games this year across all national networks, according to Nielsen data, a source told Front Office Sports. That number is 21% higher than the league’s 2024 full-season viewership average.
The raw viewership number is being driven up by Fever games, which have drawn 1.26 million viewers through 19 games this year. However, that number is just 7% higher than the 32 Fever games that aired last year—likely due to the absence of Caitlin Clark in some high-profile contests.
Non-Fever games are drawing significantly fewer viewers, but there has been a drastic growth compared to the full 2024 season.
Total WNBA games: 794,000 viewers, up 21%
Fever games: 1.26 million viewers, up 7%
Non-Fever games: 549,000 viewers, up 37%
The non-Fever calculation is based on 37 games this year versus 66 games for all of last season. It’s worth noting nearly every Fever game is a national broadcast, and they tend to land on the league’s biggest networks—CBS, ABC, and ESPN.
The trend mirrors the 2025 WNBA All-Star Game two weeks ago, which drew 2.19 million viewers—a 36% dip from last year, when Clark played, but also 52% more than any previous All-Star Game.
Up Across the Board
The WNBA is seeing viewership growth across all of its broadcast partners. ESPN, the league’s biggest partner, is up 3% year-over-year across all its networks—including ABC and ESPN2. This includes the most-watched game of the year so far: the season opener between the Fever and the Chicago Sky (2.7 million viewers).
CBS is averaging 1.3 million viewers through six games this year, up 5.5% compared to this point last year. The network has two games that have breached 1.9 million viewers, and both involved the Fever (one with Clark, one without).
While none of its other four games have breached a million viewers, they’ve averaged 906,000, which is 33% higher than the three non-Fever games CBS aired at this point last year. That number would also smash the 729,000 average viewers of the 2023 WNBA Finals.
Ion, which follows a different distribution model than other networks, is averaging nearly 600,000 viewers on its linear network—up 4% from year-to-date. That’s considering Clark appeared in four games on Ion at this point last year compared to one so far this season.
NBA TV has the lowest raw viewership average (339,000), but it’s experiencing the most growth. The network is up 58% compared to this point last year, when it averaged just 214,000 viewers for all WNBA games.
The WNBA will have a new partner next year as NBC Sports joins through the 11-year, $2.2 billion media-rights deal it signed in conjunction with the NBA. ESPN will stay on as a partner.
Amazon has been airing WNBA games for several years, though its streaming numbers are unclear. Scripps Sports, the parent company of Ion, signed a multiyear deal with the league last month.
ONE BIG FIG
High-Speed Growth
David Kirouac-Imagn Images
$3.2 billion (£2.4 billion)
Valuation of the Aston Martin Formula One team following a minority stake sale. Aston Martin Lagonda Global Holdings announced Wednesday that it agreed to sell a minority stake in its F1 team for $146 million (£110 million).
According to Bloomberg, Aston Martin CEO Adrian Hallmark said the buyer has signed a binding letter of intent, though the identity of the buyer has not been revealed. The valuation is about a 33.3% bump from its previous valuation of $2.4 billion (£1.8 billion) following stake sales to a pair of U.S. investment firms last year.
Aston Martin currently sits eighth out of ten teams in the F1 constructors’ championship, a drop-off from fifth-place finishes in 2023 and 2024.
Wednesday’s result: 57% of respondents were surprised that the Fever-Sky game without Caitlin Clark and Angel Reese was still one of the WNBA’s most-watched games of 2025.