NEW ORLEANS — New Orleans Pelicans guard Jose Alvarado has agreed to a two-year contract extension price $9 million, an individual aware of the matter stated Saturday.
The contract features a participant possibility for the 2026-27 season, stated the individual, 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 closing season beneath contract.
Over the course of three NBA seasons, Alvarado developed a status 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 school, incomes him the nickname “Grand Theft Alvarado” and he was named the ACC Defensive Participant of the 12 months 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 sport.
A local of New York and of Puerto Rican descent, Alvarado has additionally performed for the Puerto Rico nationwide group, together with on the 2024 Paris Olympics.
This season, Alvarado can 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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