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Documents about NBA 2K
NBA 2K League Going on Hiatus
The NBA 2K League, a joint venture between the National Basketball Association and Take-Two Interactive, has announced a significant operational shift, transitioning from its established competitive circuit format into a broader global digital entertainment business.
- The NBA 2K League is entering a 16-to-18-month hiatus to undergo a major structural transition into a global digital entertainment business.
- The league's current competitive circuit will be replaced by a new digital media brand that will feature live events and a revamped competitive league format.
- The restructuring process has resulted in significant layoffs, including the termination of broadcast staff, general managers, and coaches.
2K to Launch New FIFA Game in 2024 After Reportedly Securing Official License
Speculation has emerged regarding a potential partnership between 2K Games and FIFA, suggesting that the publisher may have secured the official license to develop a new football video game series.
- 2K Games is reportedly in negotiations to secure the official FIFA license to develop a new football video game series, potentially titled FIFA 2K25, for a 2024 release.
- The potential partnership follows the 2022 dissolution of the long-standing licensing agreement between FIFA and Electronic Arts.
- If confirmed, the deal would place 2K in direct market competition with Electronic Arts, which successfully rebranded its franchise to EA Sports FC.
Riot Promotes David Mulhall Global Head of Esports Partnerships and Business Development
Riot Games has promoted David Mulhall to the position of Global Head of Esports Partnerships and Business Development.
- Riot Games has promoted David Mulhall to Global Head of Esports Partnerships and Business Development to oversee sponsorship strategy across its global and regional esports ecosystems.
- Mulhall will lead partnership efforts for Riot's primary titles, including League of Legends Esports, Valorant Champions Tour, and Teamfight Tactics Esports.
- Since joining Riot in 2020, Mulhall has been instrumental in securing and expanding partnerships with major brands including Mastercard, Red Bull, AWS, HP, OMEN, and HyperX, which have collectively generated hundreds of millions in revenue.
Plus: Which Recent PC Games Have the Most 'Staying Power'?
This analysis examines the retention and market performance of PC and console games, with a primary focus on Steam launches from September 2023.
- Games-as-a-Service (GaaS) sports titles like EA Sports FC and NBA 2K exhibit the highest retention, maintaining 0.64x to 0.66x of their peak concurrent user (CCU) counts.
- Most premium 'play once' games suffer rapid player decay, frequently dropping below 100 CCU shortly after their initial launch.
- Lies of P demonstrated strong single-player retention by holding 20% of its peak CCU six weeks post-launch, while Payday 3 struggled significantly, retaining only 4% of its peak.
International Olympic Committee Seeks to Create Olympic Esports Games
The International Olympic Committee (IOC) has formally initiated efforts to establish a dedicated Olympic Esports Games.
- IOC President Thomas Bach has officially directed the newly formed IOC Esports Commission to study and develop plans for a dedicated Olympic Esports Games.
- The initiative follows the IOC's strategic goal to engage with the global gaming audience, which includes an estimated 3 billion players and 500 million individuals specifically interested in esports.
- The IOC maintains a strict policy against including 'violent' games in its competition, effectively barring major titles like Counter-Strike 2, League of Legends, and Valorant from medal consideration.
ICYMI: Monumental Sports & Entertainment Scored an Investment From the Qatar Investment Authority
The Qatar Investment Authority (QIA), the sovereign wealth fund of the Qatari government, has acquired a minority stake in Monumental Sports & Entertainment (MSE).
- The Qatar Investment Authority (QIA) acquired a minority stake in Monumental Sports & Entertainment (MSE), a deal previously reported to be valued at $4 billion.
- MSE is the parent company of aXiomatic Gaming, which holds a controlling interest in the esports organization Team Liquid.
- The investment also impacts MSE’s esports operations, which include NBA 2K League teams Wizards District Gaming and Caps Gaming.
One Up Named Official On Demand Esports Platform of NBA 2K
Take-Two Interactive’s 2K Games label has entered into a multi-year partnership with One Up, designating the company as the official on-demand esports platform for the NBA 2K franchise.
- Take-Two Interactive’s 2K Games has entered a multi-year partnership with One Up to serve as the official on-demand esports platform for the NBA 2K franchise.
- The partnership will launch in the fall of 2023 following the September 8 release of NBA 2K24, featuring a series of free-to-enter online tournaments hosted by NBA stars.
- One Up operates two primary platforms: GameChangers OS, an esports SaaS for tournament management, and Play One Up, an on-demand marketplace for skill-based gaming.
GamerSaloon Claims $100M USD in Prize Payouts
GamerSaloon, a player-versus-player gaming platform, has reached a significant financial milestone by distributing over $100 million in prize money to its users since its inception in 2006.
- GamerSaloon has surpassed $100 million in total prize money payouts to players since its launch in 2006.
- The platform currently reports a user base of 1.5 million registered participants.
- GamerSaloon operates as a skill-based, real-time PVP platform for console and PC gaming, primarily targeting a U.S. audience.
ESL FACEIT Group, FIBA Reveal eFIBA Season 2
The ESL FACEIT Group and the International Basketball Federation (FIBA) have announced the launch of the second season of eFIBA, an international competitive gaming series centered on the NBA 2K24 title.
- ESL FACEIT Group and the International Basketball Federation (FIBA) will launch Season 2 of the eFIBA international NBA 2K24 competition on October 3, 2023.
- The tournament features a 5v5 format played on the ProAM game mode on PlayStation 5.
- More than 30 countries across four FIBA regions—Africa, Americas, Asia (including Oceania), and Europe—will participate in the competition.
FIBA, NBA 2K League Work to Create National Esports Competitions
The International Basketball Federation (FIBA), 2K Games, and the NBA 2K League have entered into a multi-year partnership to formalize and expand international esports competition.
- FIBA, 2K Games, and the NBA 2K League have entered into a multi-year partnership to formalize and expand international esports competitions for National Federations.
- The agreement establishes a structured national team competition system that includes qualifiers, four regional finals (Africa, Asia/Oceania, Americas, and Europe), and an annual eFIBA World Finals.
- The partnership aims to create a talent pipeline by identifying regional players and providing them with opportunities to participate in NBA 2K League events or the NBA 2K League Draft.
Plus: Rogue Trader Smashes It as The Day Before Bombs
This analysis examines the performance of major video game releases during the second week of December 2023, focusing on Steam and console market trends.
- The Finals dominated the second week of December 2023 with 200,000 peak concurrent users (CCU) on Steam, despite facing minor community pushback regarding AI voice acting and movement mechanics.
- The Day Before experienced a catastrophic launch characterized by high refund rates and overwhelmingly negative reviews, despite initially reaching 38,000 peak CCU.
- Warhammer 40,000: Rogue Trader leveraged its strong IP and developer reputation in the CRPG genre to achieve a successful launch with over 31,000 peak CCU on Steam.
Delane Parnell Steps Down as PlayVS CEO
Delane Parnell, the founder and CEO of the U.S.-based scholastic esports company PlayVS, has stepped down from his leadership position.
- Delane Parnell has stepped down as CEO of scholastic esports company PlayVS, with VP of Finance Joe Gibson appointed as interim CEO.
- Parnell will remain on the PlayVS board of directors and serve as a senior advisor during and after the search for his permanent successor.
- Negotiations for Parnell’s exit began in December 2022, reportedly driven by his desire to pursue a new project.