The mechanism of visible light-driven Ni−C(aryl) bond homolysis in (2,2′-bipyridine)Ni II (aryl)(halide) complexes, which play a crucial role in metallaphotoredox catalysis for cross-coupling reactions, has been well studied. Differently, the theoretical understanding of Ni−halide bond homolysis remains limited. In this study, we introduce a novel electronic structural framework to elucidate the mechanisms underlying photoinduced Ni−Br bond rupture in the (dtbbpy)Ni II (aryl)(Br) complex. Using multireference ab initio calculations, we characterized the excited state potential energy surfaces corresponding to metal-to-ligand charge transfer (MLCT) and ligand-to-metal charge transfer (LMCT). Our calculations reveal that the Ni−Br dissociation, triggered by an external photocatalyst, begins with the promotion of Ni(II) to a 1 MLCT excited state. This state undergoes intersystem crossing with repulsive triplet surfaces corresponding to the 3 MLCT and Br-to-Ni 3 LMCT states, resulting in Ni−Br bond breaking via the Dexter energy transfer mechanism. In the absence of a photocatalyst, the photoexcited Ni(II) favors Ni−C(aryl) homolysis, whereas the presence of a photocatalyst promotes Ni−Br dissociation. The Ni(III) species, resulting from the oxidation of Ni(II) by the photocatalyst, was found to be unproductive toward Ni−Br or Ni−C(aryl) activation.