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NBA 2K League increases prize fund to $1.2m for second season

The commercial fortunes of the NBA 2K League continue to grow. The NBA’s esports competition is increasing its prize fund by $200,000 to $1.2m (€1.06m) for its upcoming second season.

It follows the announcement that the league has signed a multi-year partnership with Champion athletic apparel.

The season-opening Tip-Off tournament will offer $120,000, The Turn and The Ticket will each feature a prize pool of $180,000, while the remaining $720,000 will be distributed through the play-offs.

Players will also receive a minimum $33,000 as a base salary, with those retained from the 2018 season earning $37,000 and first-round draft selections earning $35,000. All contracts are six-month agreements and players can sign additional endorsement deals.

The 2019 draft will take place at the Barclays Center in Brooklyn on March 5 and streamed on Twitch.

Read this: Bucks fever | The Milwaukee Bucks on establishing their NBA 2K team

Read this: NBA 2K | Basketball league looks to hit the right notes with esports venture

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