True or False: Players with three years of service can sign a "2 year" two-way contract?

The statement is true because NBA players with three years of service are indeed eligible to sign a two-way contract for a duration of two years. Two-way contracts are designed to allow players to spend time in both the NBA and the G League, providing teams flexibility in managing their roster and developing players.

Typically, two-way contracts are for players who have less than four years of NBA experience, but once players reach three years of service, they can opt for a two-year arrangement if both the player and the team agree to the terms. This aligns with the NBA's rules regarding contract lengths and eligibility based on years of experience in the league.

The other choices do not accurately reflect the eligibility conditions for two-way contracts, as they imply limitations or conditions that don't align with the league's regulations for players with three years of service.