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Jose Alvarado Faces $4.5M Decision After Knicks Trade

Jose Alvarado Faces $4.5M Decision After Knicks Trade

Summary

The New York Knicks traded for guard Jose Alvarado, acquiring him from the New Orleans Pelicans. Alvarado, who has been a productive player, faces a decision about whether to continue with his current contract or explore new opportunities.

Key Facts

  • The Knicks traded for Jose Alvarado by sending Dalen Terry and two second-round picks.
  • Alvarado played for the New Orleans Pelicans in 41 games this year, mainly as a backup.
  • He averages 7.9 points, 2.8 rebounds, and 3.1 assists per game.
  • Alvarado signed a two-year, nearly $10 million contract with a $4.5 million salary this year.
  • He has a player option for $4.5 million for the next season.
  • In the 2024-2025 season, he averaged 10.3 points and 4.6 assists per game.
  • Alvarado has participated in 10 playoff games, averaging 5.5 points and 2.3 assists.
  • He was undrafted out of Georgia Tech before joining the Pelicans.
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