True or False: If a second round draft pick is waived, only the team that signed them can sign them to a Two Way contract that season.

The statement is true because under the NBA's Collective Bargaining Agreement, players who are waived after being drafted, including second-round picks, retain certain restrictions regarding their contracts. Specifically, if a second-round pick is waived, only the team that originally signed them has the right to sign them to a Two-Way contract during that same season. This rule allows the original team to maintain some control over their drafted players and is designed to prevent other teams from immediately acquiring waived players under a Two-Way deal, which would further complicate team rosters and player development strategies. Thus, the correct answer emphasizes the unique status of players based on the team that initially signed them.