Updated Aug. 4, 2020
NBA 2K League Increases Prize Pool to $1.4 Million for 2020 Season
The NBA 2K League will award $1.4 million in prize money throughout the 2020 season, with the largest prize pool reserved for the 2020 NBA 2K League champions.
There are opportunities for teams to win prize money throughout the season, including two in-season tournaments and the 2020 NBA 2K League Playoffs. THE TIPOFF powered by AT&T (June 16 – 19) had a prize pool of $160,000, and THE TURN powered by AT&T (July 22 – 25) featured a prize pool of $260,000. Raptors Uprising GC won THE TURN and THE TIPOFF, becoming the first team to win the first two tournaments in the same season.
The 2020 NBA 2K League Playoffs will have a total prize pool of $920,000, with the NBA 2K League champions receiving $420,000 from that pool. The remaining $500,000 will be distributed among the teams that qualify for the 2020 Playoffs (second place – $150,000, third and fourth place – $75,000, fifth through eigth place – $35,000, ninth and tenth place – $30,000).
During Weeks 8 and 9 of the NBA 2K League regular season, the NBA 2K League awarded $60,000 in prize money by designating 23 matches where the winning team received $2,500. The team with the highest points per game average in the two applicable matches across the two weeks earned an additional $2,500.
The NBA 2K League Playoffs will tip off Wednesday, August 19 and conclude Saturday, August 29 with the 2020 NBA 2K League Finals.
All NBA 2K League players who competed in the 2019 season and were retained by teams prior to the 2020 NBA 2K League Draft delivered by Panera Bread will earn a base salary of $37,500. First-round selections in the 2020 NBA 2K League Draft will earn a base salary of $35,000. Players who were selected in the second round or later will earn a base salary of $33,000.
All contracts are six-month agreements, and players can sign endorsement deals to earn income in addition to their NBA 2K League compensation package, subject to league guidelines.
Housing and Benefits
In addition to base salary, players will receive paid housing in their team market for the entire season, and relocation expenses will be included in compensation packages. Additional benefits include medical insurance and a retirement plan.