On the Main Menu, select Game Modes, and on Game Modes screen, enter: R1, R1, L1, Left, Left, Down, Circle, R1, Circle, L1, Up, Right, Circle, Down, Left, Left, Circle, R1, Down, Up . If you entered the code correctly, the screen will refresh and Cheats will be available at the bottom of the Game Modes screen.
Ultimate franchise (no stealing or creating)
First start a franchise then go to fromt office go into View Roster select the player you want to be the ultimate. Next go to edit player and boost that players stats to 99.