- Release date: October 7, 2008
- Cover athlete: Tony Parker PG San Antonio Spurs (PSP, PS3, PSP, Xbox 360, Wii)
- The Seattle SuperSonics officially became the Oklahoma City Thunder for the first time in the game.
- NBA Live 09 will not include Legends. Presumably this is due the lack of sufficient licensing rights resulting in the absence of several superstar players from the 90s.
- NBA Live 09 also added 16 FIBA National Teams from last year's game, bringing the total up to 24 FIBA rosters in the game.