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2022 NBA 2K League Cash Prize Pool and Player Bonus Information

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The NBA 2K League will award $2.5 million in cash prize money across the BANNER CHAIN Powered by AT&T and Coinbase NBA 2KL 3v3 BLACKTOP SERIES tournaments, with the largest portion reserved for the 5v5 NBA2KL Finals champions.  The $2.5 million cash prize pool is the largest in league history and an increase of over 65%.

There are multiple opportunities for teams to win prize money, including both 5v5 and 3v3 tournaments, influencer events, and the NBA 2KL Championships.  THE BANNER CHAIN Powered by AT&T and the NBA2KL 5v5 Playoffs and Finals will continue to feature only NBA 2K League teams.  Amateur teams from around the world will have the opportunity to participate alongside NBA 2K League teams for a share of the 3v3 tournament prize pool beginning with the Coinbase NBA 2KL 3v3 SLAM OPEN.

For more information on the prize pool, see below:

BANNER CHAIN Powered by AT&T

  • April 5 – 23: THE TIPOFF – $250,000 total prize pool
  • May 24 – June 11: THE TURN – $250,000 total prize pool
  • Aug. 12 – 13: THE TICKET – $50,000 total prize pool
  • Aug. 24 – 27: NBA2KL 5v5 Playoffs and Finals – $1,000,000 total prize pool (first place – $500,000, second place – $200,000, third place – $80,000, fourth place – $80,000, fifth through eighth place – $25,000, ninth through twelfth place – $10,000)

Coinbase NBA 2KL 3v3 BLACKTOP SERIES

  • March 23 – May 14: SLAM OPEN – $150,000 cash prize pool
  • May 18 – July 2: SWITCH OPEN – $150,000 cash prize pool
  • Aug. 17 – 20: NBA2KL 3v3 Playoffs and Finals – $600,000 cash prize pool (first place – $250,000, second place – $100,000, third place – $50,000, fourth place – $50,000, fifth through eighth place – $25,000, ninth through twelfth place – $10,000)

Player Bonuses

For the first time, top performers from the 2022 season recognized as recipients of five of the NBA 2K League Awards will earn bonus compensation.  Those NBA 2K League Awards and compensation values are as follows:

(1) Most Valuable Player – $15,000

(2) Defensive Player of the Year – $7,500

(3) Rookie of the Year – $7,500

(4) Coach of the Year – $5,000

(5) Most Improved Player – $5,000

 

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Canada

Rivalry Corp. Announces Significant Reduction in Operations and Evaluation of Strategic Alternatives

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Rivalry Corp. announced that its Board of Directors has approved a significant reduction in operating activity as the Company evaluates strategic alternatives in respect of its assets and operations.

The Company is engaged in discussions with third parties regarding potential transactions. However, in light of recent performance volatility, the Board has determined to materially reduce the scale of operations while assessing whether a strategic transaction or other alternative can be advanced.

Effective immediately, the Company is implementing substantial cost reductions, including a significant workforce reduction and reduced operating expenditures. The Company has paused player activity on its platform and is facilitating player withdrawals in the ordinary course.

The Company is assessing a range of potential alternatives, which may include asset-level transactions, corporate transactions, restructuring initiatives or other strategic outcomes.

Given the Company’s reduced operating scale and the ongoing evaluation process, there can be no assurance that any strategic alternative will be completed or that operations will continue in their current form.

The post Rivalry Corp. Announces Significant Reduction in Operations and Evaluation of Strategic Alternatives appeared first on Americas iGaming & Sports Betting News.

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Alex Malchenko

Evoplay Strengthens Canadian Presence with BetMGM Partnership

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Evoplay is celebrating another milestone in its regulated-market journey with a new launch in Ontario, teaming up with BetMGM to bring its games to one of Canada’s most dynamic and competitive jurisdictions.

The rollout introduces 18 Evoplay titles to BetMGM Casino in Ontario, carefully selected to deliver long-term engagement and appeal to a wide range of player preferences. The first wave includes proven performers such as:

• Hot Triple Sevens

• Hot Volcano

• Gold of Sirens Bonus Buy

• Inner Fire Bonus Buy.

These are games that have already demonstrated strong results across multiple regulated markets.

This launch marks another confident step in Evoplay’s Canadian expansion, reinforcing the company’s commitment to aligning its content with local market requirements, player expectations, and regulatory standards.

Alex Malchenko, Head of Sales at Evoplay, said: Ontario continues to set a high standard for regulated online casinos, making it a market where the right partnerships truly matter. Collaborating with BetMGM allows us to expand our reach with a portfolio that has already performed strongly across multiple areas and territories.

Oliver Bartlett, VP of Gaming at BetMGM, said: “Partnering with Evoplay adds a strong selection of proven, high-performing titles to our growing portfolio in Ontario.”

The post Evoplay Strengthens Canadian Presence with BetMGM Partnership appeared first on Americas iGaming & Sports Betting News.

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Bet Rite

Spintec Expands into Canada with Bet Rite

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Spintec is expanding its footprint in North America by partnering with Bet Rite in the Canadian gambling sector. As a prominent developer of electronic table games, Spintec invested significant effort into locating a partner who comprehends the distinctiveness of the Canadian casino industry. Bet Rite is taking on the position of Spintec’s distributor in Canada, leveraging its established reputation and substantial industry knowledge. This collaboration combines global innovation with local expertise in a partnership that is helping Spintec advance its expansion objectives in North America.

Bet Rite’s establishment is rooted in years of industry expertise. The firm focuses on providing top-notch gaming solutions designed specifically for Canadian operators. They aim to provide a sole vendor connection that grants access to numerous top-tier product lines, establishing them as a reliable partner nationwide.

For Spintec, collaborating with a company that prioritizes service, product excellence, and enduring relationships is vital, and Bet Rite is dedicated to prioritizing customer needs. With a solid sales network and a reputation for dependability, their market stance is highly strong.

Through this collaboration, Spintec is guaranteeing that their creative products receive backing from an attentive, community-focused service. The initial product line to be launched in the Canadian market will be Spintec’s premier Charisma line. Charisma’s design, flexibility, innovation, and wide range of product customizations will undoubtedly make it a top seller in Canada as well.

Billy Maclellan, Bet Rite President, says: “Our company has grown by offering best-in-class suppliers the local support that they need. Spintec fits the mold perfectly and together we are well placed to make this partnership a glowing success”

Goran Sovilj, Spintec’s Chief Commercial Officer, agrees: “Bet Rite’s deep understanding of the Canadian market makes this alliance very promising. We are always excited to introduce innovative and exciting products to new markets, especially when our distributors are as experienced and knowledgeable as Bet Rite.”

The post Spintec Expands into Canada with Bet Rite appeared first on Eastern European Gaming | Global iGaming & Tech Intelligence Hub.

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