True or False: Players with four years of service or more are not eligible to become two-way players?

The correct answer is based on the eligibility rules set forth by the NBA regarding two-way contracts. Two-way players are typically those who have less than four years of NBA service. The primary intention behind two-way contracts is to provide young, developing players a pathway to the NBA while also allowing teams to utilize them in the G League without committing a full roster spot.

Players with four or more years of service have surpassed the threshold intended for two-way contracts and are, therefore, ineligible for them. This aligns with the league's objective to give opportunities to emerging talent rather than established players who have already solidified their place in the league.

The other options do not hold as they either misinterpret the conditions for two-way contracts or suggest there are exceptions that do not align with the established regulations of the league. The rules are clear that previous NBA service plays a significant role in determining eligibility, reinforcing the correct answer that players with four years or more of service cannot be two-way players.