Well, My Player mode is pretty much the best thing ever. Having a blast with it. Made a 6'5" 200 lb athletic SG and did so-so in the Draft Combine. Ended up getting drafted early 2nd round by the Bucks. Became the starter about 12-15 games in after Salmons got injured. Currently averaging about 26 ppg, 3 rebounds, and 6 assists. I was rookie of the month in November. Sadly no votes on the All Star ballots, John Wall however has votes. Pretty fun though, looking forward to seeing what exactly the endorsements feature entails. From what I've heard you eventually get to design your own Jordans.
As for the team, we're currently 2nd in the East, 3 games behind Miami. Playing SG mostly, a little PG as well when Jennings is out.
Also, the grading system for My Player is pretty brutal. Once you get the hang of it though it's pretty easy to put up A+ games consistently. It's a little ridiculous though. Kind of reminds me of FIFA 10's Be A Pro grading system.