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2K Sports gives up on College Hoops series

In a surprising turn of events, 2K Sports has confirmed that they've stopped development on College Hoops 2K9, which was originally scheduled for a November release. Why the sudden cancellation? According to 2K, they couldn't negotiate a fitting deal with the Collegiate Licensing Company (licensee of over 200 college trademarks) and say that they would have loved to create College Hoops, "but given our disciplined approach to the business, we do not believe the current discussions would result in an acceptable outcome". The rabbit hole gets deeper as rumors are swirling that the CLC's relationship with EA (and their NCAA March Madness franchise) has caused them to act unfairly in negotiations with 2K. In other words, the CLC could be cheating on 2K! Gasp! Whatever the reason, we know that there will be no College Hoops 2K9, so everyone will have to settle for March Madness. So much drama ...

[Via Game Stooge]