EA Sports announced that its upcoming reboot, previously known as NBA Live, NBA Elite 11 will be indefinitely delayed. Originally scheduled to launch on October 5th, the new release date is now TBA. Since this won’t be releasing in time with its competitor over at 2k Sports, EA plans to release a new 2010-11 update for free which includes Daily Dynamic Updates and a roster update.

Don’t fret just yet, NBA Jam is still coming to the Wii next week and the HD version of the game for the Xbox 360 and Playstation 3 will still release “in time for the holidays”. EA Sports President Peter Moore didn’t state what the price point will be on the game and if it will be sold digitally or at retail.

Source (EA Sports Blog by Peter Moore)