NEW ORLEANS — New Orleans Pelicans guard Jose Alvarado has agreed to a two-year contract extension price $9 million, an individual conversant in the matter mentioned Saturday.
The contract features a participant possibility for the 2026-27 season, mentioned the particular person, who spoke to The Related Press on situation of anonymity as a result of the deal has not been introduced.
The deal, first reported by the Occasions-Picayune, comes as Alvarado — a high-energy 6-foot reserve who went undrafted by Georgia Tech in 2021 — entered his remaining season underneath contract.
Over the course of three NBA seasons, Alvarado developed a repute as a heady defender with a penchant for sneaking up on ball handlers to make steals on the backcourt. He was identified for comparable exploits in faculty, incomes him the nickname “Grand Theft Alvarado” and he was named the ACC Defensive Participant of the Yr in 2021.
In 171 video games with New Orleans, he averaged 7.5 factors, 2.7 assists and 1.2 steals in 18.5 minutes per recreation.
A local of New York and of Puerto Rican descent, Alvarado has additionally performed for the Puerto Rico nationwide workforce, together with on the 2024 Paris Olympics.
This season, Alvarado might be among the many main replacements for newly acquired level guard Dejounte Murray.
Pelicans coaching camp opens Tuesday in Nashville, Tennessee, after gamers report Monday for a preseason media occasion in New Orleans.
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