It would be costly to fight the case and the negative publicity it would attract, as well as the strain it would put on the relationship between the ECB and Stokes, were all concerns for the board.
There was also a sense that it would be too harsh to suspend him for potentially 18 months, especially as innocence must be presumed.
For Stokes, the decision is a massive boost. He can now return to playing cricket and will be desperate to make up for lost time. He will no doubt feel he let his teammates down by missing the Ashes series.
Bayliss is under pressure after losing to Australia 4-0 and knows his team badly need Stokes back. Not only does he balance the team as an all-rounder, his mere presence lifts the mood.
Root needs test wins as captain and having Stokes in New Zealand would boost their chances against a side who have a seam-bowling attack that commands respect in their own conditions.
New Zealand also offers a low-key return for Stokes, rather than parachuting him in for the rest of the Australia tour, where there would be more media scrutiny.
Stokes should learn over the next few days the date of his first court appearance. It could delay his arrival in New Zealand but his legal team are in the process of establishing whether he would need to attend any preliminary hearings.
The ECB decision will have enormous financial implications for Stokes. It is a sign of support from the governing body ahead of the Indian Premier League auction on January 27. Stokes will be the big draw and can expect a massive deal. But IPL sources have been quoted over the past few days that his uncertain legal position might put off potential buyers who feared he may have to miss matches because of his legal problems.
The IPL franchises will feel more assured about his immediate future and he could be the first player to smash the £2 million ($3.8m) barrier at the auction in Bangalore.
- Telegraph Group Ltd