King of Fighters 14's character select screen may have already been shown in the first trailer, and it looks like it has 48 fighters
ATRyoSakazaki has gone a step further, creating a video that shows clear-cut instances where you can see the improvements between trailers. Not only are the character models being touched up, but the stages are also becoming more robust.
You can check out a handful of screenshots below that show the comparisons. What's even more interesting, though, is that the first King of Fighters 14 teaser trailer may have slipped a very quick shot of the character select screen right past us.
This seems too specific to be a simple background pattern in the trailer, and considering the fact that it only appears on screen for what doesn't even feel like a second and is mostly hidden by flames, it's easy to think that this might be a hint at what's to come.
In the following images, you can see that there are 16 sets of boxes (48 potential character slots). The King of Fighters titles usually divide characters into teams (team Yagami, K' team, etc.), so this only further legitimizes the character select speculation. You can check out the full video below, and in it you'll see examples of what characters could potentially be included in King of Fighters 14.
Great find by ATRyoSakazaki. Sent in by icejohn.