VE Gaming Signs Deal to Launch American Basketball Association Video Game
Valiant Eagle subsidiary, VE Gaming, has signed a license agreement with the American Basketball Association (ABA) to develop an official ABA video game.
Valiant Eagle CEO, Xavier Mitchell, expressed confidence in the project, noting the potential for success similar to the NBA 2K franchise. The global video game market is projected to reach $583.69 billion by 2030. This partnership will feature ABA teams and players, employing a profit-sharing model that could elevate both the league's and the game's visibility.
- Signing a license agreement with the ABA for an official video game.
- Potential to tap into the growing global video game market valued at $195.65 billion in 2021.
- Profit-sharing agreement with the ABA enhances financial incentives.
- None.
Valiant Eagle subsidiary, VE Gaming, announces the signing of the license agreement with the American Basketball Association to create an officially-licensed ABA video game
Los Angeles, California, Dec. 12, 2022 (GLOBE NEWSWIRE) -- Valiant Eagle, Inc. (OTC Pink: PSRU) -- The team at VE Gaming has recorded another major feat as the company recently signed a license agreement with the American Basketball Association, granting the company the right to create an officially-licensed ABA video game.
“We see massive potential in an ABA-focused video game, as we look to continue building ties to this large professional basketball league. The success seen by the “NBA 2K” franchise continues to be astounding and we feel there is a real opportunity to market to that gaming audience with our ABA game in addition to our street-based basketball game,” said Valiant Eagle CEO, Xavier Mitchell.
A report published by Grand View Research put the size of the global video market at
The move is a landmark, as it will undoubtedly increase the popularity of the ABA while taking the gaming experience to a whole new level, with the game featuring ABA teams, players, and other related content. Under the terms of the agreement, VE Gaming and the ABA will utilize a profit-sharing model.
VE Gaming will build on the NBA 2K franchise and its successes over the years, with NBA 2K22 having over 1.9 million daily players in 2022, according to Levvvel.com. Take-Two Interactive, the game developer and owner of the "NBA 2K" franchise, reported an
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Valiant Eagle, Inc. (OTC: PSRU) is a publicly traded corporation focused on energizing celebrity entertainment, social media, and TV communications. The company aims to deliver an unparalleled advancement in media through music, sports, and technology for the millennial generation.
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