Three players from the 2020 NBA Draft class had their 2023-24 rookie scale team options declined. The deadline for teams to exercise these options for next season was Monday, October 31.

Udoka Azubuike of the Utah Jazz had his fourth-year option declined. Jazz teammate Leandro Bolmaro had his third-year option declined by the Jazz. (Bolmaro was also drafted in 2020 but did not sign until 2021.) Bolmaro was traded from the Minnesota Timberwolves to Utah this past offseason.

RJ Hampton of the Orlando Magic also had his fourth-year option declined. Hampton was originally drafted by the Denver Nuggets before being traded to Orlando at the 2021 trade deadline.

Fellow 2020 draftee Jalen Smith had his third-year option declined by the Phoenix Suns last year. Smith was then traded to the Indiana Pacers at the 2022 trade deadline.

Azubuike, Bolmaro and Hampton's teams, or an acquiring team (as was the case with Smith), are now capped at paying them a first-year salary equal to the declined amount of their option. Smith re-signed with the Pacers on this type of deal this past summer.