Yes 2 players can play NBA 2k11 on a xbox.
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It think you press LT (Left trigger), if your not sure look in the manual booklet.
It has already came out for Wii.
You have to mod the game.
I depends if your playing it on a ps3 or ps2-t.c
Well you have to get good stats and a team from the NBA can call you up for a ten day contract and if you do well they might sign you.