NBA 2K League Increases Prize Pool to $1.4 Million for 2020 Season - NBA 2K League

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 will be opportunities for teams to win prize money throughout the season, including two in-season tournaments, round-robin events in six local markets, and the 2020 NBA 2K League Playoffs. THE TIPOFF powered by AT&T will have a prize pool of $150,000, and THE TURN powered by AT&T will feature a prize pool of $230,000. Each round-robin event will have a total prize pool of $20,000 with the winner of the championship game receiving $15,000. The 2020 NBA 2K League Playoffs will have a total prize pool of $900,000, with the NBA 2K League champions receiving $420,000 from that pool.

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.