The properties and practical applications of polyethylene are closely associated with the polymer molecular weight, polydispersity, degree of branching, and the type of branches and its arrangement within microstructure. In this study, a set of structurally diverse unsymmetrical 1‐(2,6‐dibenzhydryl‐4‐hydroxylphenylimino)‐2‐(2,6‐(R)‐4‐(R1)phenylimino)acenaphthene‐nickel dibromide precatalysts (where Ni2Me [R = Me, R1 = H], Ni2Et [R = Et, R1 = H], Ni2iPr [R = iPr, R1 = H], Ni3Me [R, R1 = Me], Ni2Et,Me [R = Et, R1 = Me]) has been prepared and studied for ethylene polymerization. Molecular structure analysis of Ni2Me and Ni2Et complexes revealed distorted tetrahedral geometries at nickel. The polymerization activities are extremely high for all precatalysts upon activation with either EASC or MMAO aluminum reagents, a trend notably pronounced in the case of the EASC‐activated systems, entering activity in the range of 10 million g mol−1 h−1 at 30°C. The Ni2Me demonstrated exceptional performance at higher temperatures, achieving an activity of 2.4 × 106 g mol−1 h−1 at 100°C and generated high molecular weight polyethylene (Mw = 105 g mol−1) with narrow polymer dispersity across all reaction temperatures (Ð ≈ 1.5). High temperature 13C NMR spectra identified 97–142/1000C branches in resulting polyethylene, a feature significantly dependent on the reaction temperature. In terms of mechanical properties, stress–strain analysis indicated that polyethylene synthesized at lower temperatures displayed superior tensile strength compared with that produced at higher reaction temperatures, while a reverse trend was observed in strain recovery analysis. The high strain recovery (up to 72%) of these polyethylene highlights the characteristic properties of thermoplastic elastomers.