A "Two-Way Player" refers to an athlete who excels in both offensive and defensive roles in a sport. In baseball, for example, this player can pitch and also play a position like outfield or infield. This versatility allows teams to utilize their skills in multiple ways, enhancing overall team performance. In basketball, a two-way player is someone who contributes significantly on both ends of the court, scoring points while also playing strong defense. These players are valuable because they can impact the game in various situations, making them essential assets for teams like the Los Angeles Lakers or Golden State Warriors.