The NBA 2K League announced Wednesday it will double its total cash prize money for its upcoming season as the league prepares for a number of 3-on-3 and 5-on-5 tournaments.

Prize pools: The NBA 2K League is changing its format for its fifth season, adding more tournaments instead of a regular-season format.

  • Each tournament will come with a specific prize pool, which will be shared among those winners and semifinalists throughout the tournament.
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Here’s a breakdown of each tournament and its prize pool.

  • The Tipoff (April 5 to April 23) — $250,000 total prize pool.
  • The Turn (May 24 — June 11) — $250,000 total prize pool.
  • The Ticket (Aug. 12 — 13) — $50,000 total prize pool.
  • NBA 2K League Playoffs and Finals — $1,000,000 total prize pool.

Worth noting: Multiple teams in the NBA 2K League Playoffs and Finals will receive a piece of the prize pool. Here’s the breakdown:

  • First place — $250,000.
  • Second place— $100,000.
  • Third place — $50,000.
  • Fourth place— $50,000.
  • Fifth through eighth place— $25,000 each.
  • Ninth through 12th place— $10,000 each.
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Bonus: NBA 2K League players can now earn bonuses for winning year awards at the end of the season, the league announced.

  • Most Valuable Player — $15,000.
  • Defensive Player of the Year — $7,500.
  • Rookie of the Year — $7,500.
  • Coach of the Year — $5,000.
  • Most Improved Player — $5,000.
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