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Jose Alvarado
JOSE
ALVARADO
New Orleans Pelicans#15 Point Guard
HT/WT6' 0", 179 lbs
DOB
COLLEGE  Georgia Tech
DRAFTUNDRAFTED
STATUSActive
2024-2025 SEASON STATS
PTS
9.2
7.7
RBS
2.0
2.1
AST
4.1
2.8
PER
14.6
13.5
CAREER
upcoming Contract

YearAgeBase SalaryCap HitDead Cap

2025-26

New Orleans Pelicans

27

$4,500,000
$4.5M
$4,500,000
$4.5M
$4,500,000
$4.5M

2026-27

New Orleans Pelicans
P-Opt

28

$4,500,000
$4.5M
$4,500,000
$4.5M
$4,500,000
$4.5M
  • 2026-27: Player Option (deadline 6/29/26)
current Contract

YearAgeBase SalaryCap Hit

2021-22

New Orleans Pelicans

23

$1,500,000
$1.5M
$1,500,000
$1.5M
$0

2022-23

New Orleans Pelicans

24

$1,563,518
$1.5M
$1,563,518
$1.5M
$0

2023-24

New Orleans Pelicans

25

$1,836,096
$1.8M
$1,836,096
$1.8M
$0

2024-25

New Orleans Pelicans
T-Opt

26

$1,988,598
$1.9M
$1,988,598
$1.9M
$1,988,598
$1.9M
  • 2022-23: $1,100,000 guaranteed, fully guaranteed on 1/10/23
  • 2023-24: non-guaranteed, fully guaranteed on 1/10/24
  • 2024-25: Club Option/non-guaranteed, fully guaranteed on 1/10/25 (option deadline 6/29/24, exercised 6/28/24, guaranteed 9/28/24 as part of extension)
upcoming Contract

$9.0M, 2 yrs

Signed Using
birdRights
Average
$4.5M
Free Agency
2027/UFA
Contract

$6.8M, 4 yrs

Signed Using
nonTaxpayerMidLevelException
Average
$1.7M
Free Agency
2027/UFA
Transactions

  • New Orleans (NOP) fully guaranteed $1.99 million salary for 2024-25 as part of extension

  • Signed a 2 year $9 million contract extension with New Orleans (NOP)

  • New Orleans (NOP) exercised $1.99 million Club Option for 2024-25

  • Suspended 3 games (forfeit $37,988) for leaving the bench during altercation during MIA-NOP game

  • Fined $2,000 for ejection from MIA-NOP game

  • Fined $2,000 for technical foul during MIN-NOP game

  • Fined $2,000 for technical foul during NOP-BOS game

  • Fined $2,000 for technical foul during HOU-NOP game

  • Fined $2,000 for ejection from HOU-NOP game

  • Fined $2,000 for technical foul during POR-NOP game

  • Signed a 4 year Rest-of-Season contract with New Orleans (NOP)

  • Fined $2,000 for technical foul during NOP-CLE game

  • Fined $2,000 for technical foul during NOP-PHI game

  • Signed a Two-Way contract with New Orleans (NOP)