I have it for PS3 and it does work! However you DO NOT have to accumulate 500 SP... Once you're drafted you'll have something like 168 SP or something? Go to "animations" and purchase any jump shot you can with what you have that 'should' leave you under 15 SP and voila! You're in the negative! Once you've gottwn in the negative DO NOT go to the "home page" until you've done everything you've wanted! You can max attributes, buy ANY animation available, any signature available, legends drills, etc... There is NO limitation to how often this will work! Although I haven't needed to do this more than once during a 'my career', I have tried just to be positive it would work again.. You can do it however many times you need... But if you do it right the first time you'll never need to again! Enjoy!