How an Elite Group of eSport Ballers Got to Play in NBA 2K
*By Mike Teich*
Top video game players finally have a path to becoming pro-gamers and a shot at $1 million in prizes, said Brendan Donohue, the managing director of the NBA 2K League.
The league is a video game competition organized by the makers of the NBA 2K game and the National Basketball Association. As esports have risen in popularity, competitions like this one give gamers a chance to cash in on their talents. First-round picks in the inaugural draft can earn $35,000 for six months of play.
The pay may not stack up against actual NBA salaries, but NBA 2K League players are excited about their earnings and the progress esports have made over the past 14 months, said Donohue.
More than half of the pro hoops teams are participating in the first season of the NBA 2K League as partners. The teams built their e-rosters through a draft on April 4. A total of 72,000 video game players qualified for the league, with 102 making the final cut.
For full interview, [click here](https://cheddar.com/videos/inaugural-season-for-nba-2k-league).
Members of Congress have voted to advance a bill meant to address antitrust concerns related to tech giants including Amazon, Apple, Google, and Meta. The 'American Innovation and Choice Online Act' is largely seen as one of the best chances for the government to reign in Big Tech's dominance
Seth Schachner, Managing Director StratAmericas; Digital Business Executive joined Cheddar's Opening Bell to discuss.
The Federal Reserve released its highly-anticipated research weighing the pros and cons of a digital dollar in the U.S. The report comes as economic rivals like china have already piloted their own central bank digital currencies. Edward Moya, Senior Market Analyst, The Americas, Oanda, joined Cheddar's Opening Bell to discuss.
Verizon and AT&T officially launched their 5G wireless services Wednesday across the U.S. Despite pushback from U.S. airlines and the FAA over safety concerns, the telecom giants rolled out the next generation of wireless cellular technology, with speeds up to 20 times faster than 4G LTE. John Biggs, Editor, Tech Crunch joined Cheddar's Opening Bell to discuss.
Earnings season kicks into high gear this week as big players are on tap to report their Q4 numbers, including Microsoft, Apple, and Tesla. Investors will be watching for key indicators on how the companies are dealing with inflation, Omicron and interest rates. Christine Short, VP of Research, Wall Street Horizon joined Cheddar's Opening Bell to discuss.
Stan Farnsworth, chief marketing officer at PulseForge, joined Cheddar to talk about his company's debut at CES 2022 and how it plans to innovate the sustainable tech manufacturing space. PulseForge is bringing a new approach to industrial thermal processing, which contributes to 30 percent of global greenhouse gas emissions, according to Farnsworth. "By using 85 percent less energy in the processing of materials through a variety of manufacturing processes, we can make a direct impact in reducing carbon output and reducing carbon footprint associated with manufacturing," he said.
