2K breaks gaming’s de facto $60 ceiling, asks $70 for next-gen NBA 2K21

A new generation of video game consoles may come with a new standard price point for big-budget games. That's the impression 2K Games is giving, at least, with today's announcement that the Xbox Series X and PlayStation 5 versions of NBA 2K21 will come in at an MSRP of $69.99.

That price point is $10 higher than the $59.99 asking price for the Xbox One and PS4 versions of the same game, which are due to launch September 4. And an NBA 2K spokesperson confirmed to Ars Technica that the premium pricing is based on what it sees as the increased value represented by the power of new consoles.

"We believe our suggested retail price for NBA 2K21 on next-generation platforms fairly represents the value of what's being offered: power, speed, and technology that is only possible on new hardware," the representative told Ars Technica. "While we are confident that NBA 2K21 will be a monumental leap forward for the franchise and a standout visual showcase on next-generation consoles, we recognize that it's our responsibility to prove this value to our fans and NBA 2K players."