It incorporates archive footage mixed into gameplay, and also features segments narrated by various WWE performers, including Hulk Hogan, Seth Rollins and Cody Rhodes, and this showcase is hosted by Corey Graves.

[4][1][2] MyGM mode is similar to 2K23, but adds additional features such as the ability to purchase permanent upgrades to production, scout for talent, and conduct trade offers between brands following events.

MyUniverse was similarly updated with additional features, including more types of run-ins, and support for double title and loser leaves town matches.

[5][2] In May 2023, during an annual quarterly earnings call held by 2K's holding company Take-Two Interactive, WWE 2K24 was announced as an upcoming title set to be released in March 2024 fiscal year.

The Deluxe edition added early access beginning March 5, the season pass, and perks such as the ability to immediately unlock the entirety of the game's roster, a "Mega-Boost" for custom wrestlers in MyRise mode, and alternate outfits for Bianca Belair and Rhea Ripley.

[16] Mark Delaney of GameSpot noted that WWE 2K24 made "appreciable, albeit not revolutionary, improvements to last year's solid foundation across the board", including more "fluid" chaining of moves and Super Finishers, albeit noting that hair physics were still "janky", and the animations associated with top rope moves were still prone to "warping" that "betray the otherwise commendable level of realism" in the game's presentation.

[2] IGN similarly noted that "you'll need to sift through 2K24 with a fine-toothed comb to find significant differences between this and last year's edition", observing that the majority of the roster (besides Bayley) were visually accurate to their real-life appearances and had fewer "outdated" gimmicks, new combat options such as Super Finishers and small objects such as microphones as weapons, and AI improvements.

The Showcase mode was panned for being "full of fights that are simply not as special as they are presented to be", abrupt mixing of live-action archive footage, and exclusion of certain matches.