How long does 2K have the NBA license?

The NBA 2K series has secured a significant deal with the NBA and the National Basketball Players Association (NBPA), with their current licensing agreement valued at $1.1 billion over seven years. This extended partnership allows 2K to continue producing the highly successful NBA 2K video game franchise, which has become a best seller across all genres over the past few years.

Frequently Asked Questions

General Information

1. Does 2K have the NBA license?: Yes, 2K has a $1.1 billion, seven-year deal with the NBA and NBPA to continue making the NBA 2K video game series.
2. How long is the 2K and NBA contract?: The current contract is for seven years, with the deal valued at $1.1 billion.
3. How much does 2K pay the NBA?: 2K agreed to a $1.1 billion deal over seven years to use NBA branding and player likeness.

Game Modes and Features

4. Does NBA 2K23 have season mode?: NBA 2K23 follows a consistent schedule for releasing new seasonal content in the MyTeam mode, with each season lasting approximately six weeks.
5. Can you be a GM in NBA 2K23?: Yes, in NBA 2K23, you can play the role of a NBA GM and make decisions to ensure a championship win for your chosen franchise.
6. Is NBA 2K23 my career?: Yes, NBA 2K23 has a MyCareer mode, which offers realistic graphics and updated shooting animations.

Licensing and Partnerships

7. Does EA have a NBA license?: Yes, the NBA has extended its licensing deal with both EA and 2K Sports to use player likenesses, team and player names, and team arenas.
8. Who owns the NBA 2K franchise?: Take-Two Interactive owns the NBA 2K franchise, having acquired Visual Concepts, the developer of the series, in 2005.

Financials and Revenue

9. How much did NBA 2K sell?: The NBA 2K franchise has sold over 123 million copies, making it one of the top contributors to Take-Two’s revenue.
10. How much does 2K make a day?: 2K makes approximately $20,630 in a day, with a monthly revenue of around $627,500.
11. Does 2K pay well?: The average 2K hourly pay ranges from $25 per hour for a Production Assistant to $99 per hour for a Senior Software Engineer.

Player Involvement and Careers

12. Do MLB players get paid for being in video games?: Yes, MLB players are paid for being in video games, as they are represented by the MLBPA.
13. Can NBA players refuse to be in 2K?: A retired NBA player can refuse to be in NBA 2K, but an active NBA player cannot.
14. Who refuses to be in 2K?: Some retired NBA players, such as Charles Barkley and Reggie Miller, have refused to be in NBA 2K.

Career and Salary Information

15. How much do 2K devs make?: The average 2K Games Software Engineer yearly pay in the United States is approximately $115,661, which meets the national average.