Spotted earlier in lists of features, achievements and trophies, folks weren't too sure what to make of "MyTeam" a new mode coming to NBA 2K13. This video explains it and, for lack of a better term, it sounds a lot like the "Ultimate Team" mode EA Sports introduced with FIFA 10 three years ago.
That has now spread, with some modification, from EA's three major pro simulations -- FIFA, Madden and NHL, to somewhat similar concepts in MLB 12 The Show and now, NBA 2K13. The basic goal is the same: Acquire the best players available in a virtual market, using currency that can be earned through completing and winning games. It's noteworthy that NBA 2K13 will have retired all-time greats available -- Karl Malone is shown in this video.
While the structure is, broadly, very familiar, everyone throws their tweaks into it, and MyTeam's big differentiator is that a player's acquisition value will vary day-to-day depending on how he's performing in real life. This gives team managers a buy-low/sell-high incentive to building their squads, provided they're following the league closely. It also makes it hilarious when someone ends up a total bust. No word on whether currency will be sold for real money, though.
For more on the mode, see this five-minute video, with producer Erick Boenisch.