The PS3 version of NBA 08 has different features from the PS2 and PSP editions. Aside from the obvious graphics differences, this version has the ability to go online and download new scenarios for the player to reenact as well as play previous years highlight games.

The game has a season mode where the player can only trade with other CPU teams, but nothing else. This version, however, does not feature the Franchise mode from the PS2 version. There is an Upside Progression System, where the player is awarded special items to use to customize their players, depending on the performances set by the game.

There are also mini-games to play in, ranging from 3-Point Challenge to the Playstation Skills Challenge and has a feel of a real NBA broadcast on television with play-by-play and commentary during games featuring the voice talents of Kevin Calabro and Mark Jackson.