Today EA Sports completely cancelled the release of the NBA Elite Game on PS3 and XBOX 360. Citing quality issues, the game was pushed back from it's release last month with an indefinite delay to sometime next year. EA opted to release NBA Jam on all systems in place of it.
If you would like to see some of the issues that might of led to the demise of the game please look at the video below.
Hopefully, with EA handing the series over to Tiburon (makers of Madden) things will get better. It's strange to say a youtube video got the game cancelled, but it may well be true.