The Memphis Grizzlies exercised 2023-24 rookie scale team options for Santi Aldama, Desmond Bane and Ziaire Williams. These were a fourth-year option for Bane and third-year options for Aldama and Williams.

Bane has become one of the Grizzlies key players. In his second season, Bane averaged 18.2 points and 4.4 rebounds per game. He also shot 43.6% on three-pointers.

Aldama saw limited NBA playing time in his rookie season, but flashed good offensive ability in the G League. Aldama is expected to play a bigger role this season, with Jaren Jackson Jr. out due to injury to begin the year.

Williams showed good promise as a rookie. He averaged 8.1 points on 45% shooting. Williams' role grew month-by-month and he's expected to be a key rotation player for Memphis this season.