Select the "Features" option at the main menu. Select "Codes", then enter one of the following passwords to activate the corresponding cheat function.

2KSports team
Enter 2ksports as a password.

NBA 2K development team
Enter nba2k as a password.

VC team
Enter vcteam as a password.

ABA ball
Enter payrespect as a password.

Mavericks, Rockets, Grizzlies, Hawks secondary road jerseys
Enter eydonscar as a code.

Blazers "Rip City" jersey
Enter ycprtii as a code.