NBA Live 14 coming out on next-gen consoles

NBA Live 14 will be released on next-generation consoles, said Electronic Arts chief financial officer Blake Jorgensen during a talk at the Stifel Nicolaus 2013 Internet, Media and Communications Conference today.

In discussing EA's upcoming slate of releases, Jorgensen mentioned new games such as NBA Live, which he said "will come out on Gen 4," an industry term for the fourth generation of 3D gaming consoles. The PlayStation 4 will be released this holiday season; Microsoft will announce the next Xbox at an event later today.

NBA Live 14 is set for release later this year. EA may debut the game at the Xbox reveal event today — the Facebook and Twitter accounts for the NBA Live franchise teased an imminent unveiling yesterday, mentioning a "countdown to tip-off" with the hashtag #WeAreLIVE.

EA has failed to release a new game in the NBA Live series since NBA Live 10 in 2009. The company rebooted the franchise in mid-2010 and said it planned to release NBA Elite 11 that fall, but canceled the game and then shifted development from EA Canada to EA Tiburon. That studio was working on NBA Live 13 (screenshot above), which was supposed to be released last fall; however, EA also canceled that game and said the franchise would return in 2013.

NBA Live 14, which EA has yet to officially announce, may include an Ultimate Team mode.