What is the relationship between the waived second round draft pick and Two Way contracts?

The relationship between waived second-round draft picks and Two-Way contracts primarily hinges on the contractual rights held by the original drafting team. When a player is a second-round draft pick, the team that selected them holds their rights, which means they have the first opportunity to negotiate contracts with that player.

In the case of a waived second-round pick, while the player is no longer on the original team’s roster, they cannot immediately sign with any other team without the original team's involvement. Two-Way contracts, in particular, allow teams to have a flexible arrangement with certain players who may not be full-time NBA players but still have potential and can develop within the franchise. This means that if a waived second-round pick wants to pursue a Two-Way contract, it typically has to come from the original team that drafted them, as they retain some rights over the player as they navigate post-waiver options.

This relationship emphasizes the protective aspect of the league's rules surrounding player contracts and team rights, showcasing the complexities involved when dealing with second-round picks and Two-Way contracts.