Jose Alvarado
New Orleans Pelicans, Point Guard
Age: 26y-8m-15d (Apr 12, 1998)
Exp: 3 Years
Country: US
College: Georgia Tech
Agent(s): Ron Shade, Josh Beauregard-Bell
2024-25 Cap Hit
$1,988,598
2024-25 Cash
$1,988,598
Career Earnings
$6,988,212
2025-2026 Veteran Extension (UPCOMING EXTENSION)
Jose Alvarado signed a 2 year , $9,000,000 contract with the New Orleans Pelicans, including $9,000,000 guaranteed, and an average annual salary of $4,500,000.
Contract Terms:
2 yr(s) / $9,000,000
Average Salary:
$4,500,000
GTD at Sign:
$9,000,000
Total GTD:
$9,000,000
Signed Using:
Bird Rights
Free Agent:
2027 / UFA
Year | Age | Status | Cap HitAnnual | Cap % League Cap | Apron Salary | Luxury Tax | Tax % League Tax | Cash Annual | Cash Guaranteed | Cash Cumulative | |
---|---|---|---|---|---|---|---|---|---|---|---|
2025-26 | 27 | $4,500,000 | 2.91% | $4,500,000 | $4,500,000 | 2.39% | $4,500,000 | $4,500,000 | $4,500,000 | ||
2026-27 | 28 |
Player
|
$4,500,000 | 2.65% | $4,500,000 | $4,500,000 | 2.18% | $4,500,000 | $4,500,000 | $9,000,000 | |
2027-28 | 29 |
UFA |
Year | Age | Status | Base Salary | Incentives Likely | Incentives Unlikely | Cap Hit | Cap % League Cap | Luxury Tax | |
---|---|---|---|---|---|---|---|---|---|
2025-26 | 27 | $4,500,000 | - | - | $4,500,000 | 2.91% | $4,500,000 | ||
2026-27 | 28 |
Player
|
$4,500,000 | - | - | $4,500,000 | 2.65% | $4,500,000 | |
2027-28 | 29 |
UFA |
Year | Age | Status | Base Salary | Cash Total | Cash Cumulative | Cash Remaining | AYC Cumulative | AYC Remaining | |
---|---|---|---|---|---|---|---|---|---|
2025-26 | 27 | $4,500,000 | $4,500,000 | $4,500,000 | $4,500,000 | $4,500,000 | $4,500,000 | ||
2026-27 | 28 |
Player |
$4,500,000 | $4,500,000 | $9,000,000 | - | $4,500,000 | $4,500,000 |
Contract Notes
- 2026-27: Player Option (deadline 6/29/26)
Source:
Spotrac
2021-2024 rest-of-season (CURRENT)
Jose Alvarado signed a 4 year , $6,888,212 contract with the New Orleans Pelicans, including $4,899,614 guaranteed, and an average annual salary of $1,722,053. In 2024-25, Alvarado will earn a base salary of $1,988,598, while carrying a cap hit of $1,988,598 and a dead cap value of $1,988,598.
Contract Terms:
4 yr(s) / $6,888,212
Average Salary:
$1,722,053
GTD at Sign:
$2,600,000
Total GTD:
$4,899,614
Signed Using:
non-taxpayer-mid-level-exception
Year | Age | Status | Cap HitAnnual | Cap % League Cap | Apron Salary | Luxury Tax | Tax % League Tax | Cash Annual | Cash Guaranteed | Cash Cumulative | |
---|---|---|---|---|---|---|---|---|---|---|---|
2021-22 | 23 | $1,500,000 | 1.33% | $1,500,000 | $1,500,000 | 1.10% | $1,500,000 | $1,500,000 | $1,500,000 | ||
2022-23 | 24 | $1,563,518 | 1.26% | $1,563,518 | $1,563,518 | 1.04% | $1,563,518 | $1,563,518 | $3,063,518 | ||
2023-24 | 25 | $1,836,096 | 1.35% | $1,836,096 | $1,817,102 | 1.10% | $1,836,096 | $1,836,096 | $4,899,614 | ||
2024-25 | 26 |
Club
|
$1,988,598 | 1.41% | $1,988,598 | $1,988,598 | 1.16% | $1,988,598 | $1,988,598 | $6,888,212 |
Year | Age | Status | Base Salary | Incentives Likely | Incentives Unlikely | Cap Hit | Cap % League Cap | Luxury Tax | |
---|---|---|---|---|---|---|---|---|---|
2021-22 | 23 | $1,500,000 | - | - | $1,500,000 | 1.33% | $1,500,000 | ||
2022-23 | 24 | $1,563,518 | - | - | $1,563,518 | 1.26% | $1,563,518 | ||
2023-24 | 25 | $1,836,096 | - | - | $1,836,096 | 1.35% | $1,817,102 | ||
2024-25 | 26 |
Club
|
$1,988,598 | - | - | $1,988,598 | 1.41% | $1,988,598 |
Year | Age | Status | Base Salary | Cash Total | Cash Cumulative | Cash Remaining | AYC Cumulative | AYC Remaining | |
---|---|---|---|---|---|---|---|---|---|
2021-22 | 23 | $1,500,000 | $1,500,000 | $1,500,000 | $14,388,212 | $1,500,000 | $1,722,053 | ||
2022-23 | 24 | $1,563,518 | $1,563,518 | $3,063,518 | $12,824,694 | $1,531,759 | $1,796,071 | ||
2023-24 | 25 | $1,836,096 | $1,836,096 | $4,899,614 | $10,988,598 | $1,633,205 | $1,912,347 | ||
2024-25 | 26 |
Club |
$1,988,598 | $1,988,598 | $6,888,212 | $9,000,000 | $1,722,053 | $1,988,598 |
Contract Notes
- 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)
Source:
Spotrac
2021-2021 two-way
Jose Alvarado signed a 1 year contract with the New Orleans Pelicans.
Contract Terms:
1 yr(s)
GTD at Sign:
Total GTD:
Signed Using:
Free Agent:
2022 / RFA
Seasons
3 Years
Career Earnings thru 2024
$6,988,212
Earnings w/ Different Teams
1 team
Earnings Per Year
Year | Age | Team(s) | Status | Cash Total | Cash Cumulative | Awards |
---|---|---|---|---|---|---|
2021 | 23 |
Active
|
$1,500,000 |
$1,500,000 |
||
2022 | 24 |
Active
|
$1,563,518 |
$3,063,518 |
||
2023 | 25 |
Active
NBA Cup
|
$1,836,096 $100,000 |
$4,899,614 $4,999,614 |
||
2024 | 26 |
Active / Club Exercised
|
$1,988,598 |
$6,988,212 |
||
Total |
$6,988,212 |
$6,988,212 |
||||
2025 | 27 |
Active
|
$4,500,000 |
|||
2026 | 28 |
Active / Player
|
$4,500,000 |
|||
Total |
$15,988,212 |
Earnings Per Team
Years | Team | Base | Signing | Incentives | Cash Cumulative |
---|---|---|---|---|---|
4 | $6,988,212 | - | - | $6,988,212 |
Year | Team(s) | Age | Base | Signing | Incentives | Cash Total | Cash Cumulative |
---|---|---|---|---|---|---|---|
2021 | 23 |
$1,500,000
|
$1,500,000 |
$1,500,000 |
|||
2022 | 24 |
$1,563,518
|
$1,563,518 |
$3,063,518 |
|||
2023 | 25 |
$1,836,096 $100,000
|
$1,836,096 $100,000 |
$4,899,614 $4,999,614 |
|||
2024 | 26 |
$1,988,598
|
$1,988,598 |
$6,988,212 |
|||
Total |
$6,988,212 |
$6,988,212 |
$6,988,212 |
||||
2025 | 27 |
$4,500,000
|
$4,500,000 |
||||
2026 | 28 |
$4,500,000
|
$4,500,000 |
||||
Total |
$15,988,212 |
$15,988,212 |
Earnings Per Team
Years | Team | Base | Signing | Incentives | Cash Cumulative |
---|---|---|---|---|---|
4 | $6,988,212 | - | - | $6,988,212 |
Injuries
Year | Dates | Games Missed | Reason | |
---|---|---|---|---|
2024-25 | NOP | Nov 13, 2024 - TBD | 18 | Hamstring |
2023-24 | NOP | Mar 28, 2024 - Apr 06, 2024 | 5 | Hip |
2023-24 | NOP | Jan 07, 2024 - Jan 10, 2024 | 1 | Illness |
2023-24 | NOP | Dec 01, 2023 - Dec 01, 2023 | 1 | Ankle |
2023-24 | NOP | Oct 25, 2023 - Nov 19, 2023 | 13 | Ankle |
2022-23 | NOP | Mar 01, 2023 - Apr 09, 2023 | 20 | Leg |
2022-23 | NOP | Dec 15, 2022 - Dec 16, 2022 | 1 | Ribs |
2021-22 | NOP | Dec 26, 2021 - Dec 31, 2021 | 2 | Health Protocols |
- Sep 30, 2024 Signed a 2 year $9 million contract extension with New Orleans (NOP)
- Sep 28, 2024 New Orleans (NOP) fully guaranteed $1.99 million salary for 2024-25 as part of extension
- Jun 28, 2024 New Orleans (NOP) exercised $1.99 million Club Option for 2024-25
- Feb 25, 2024 Suspended 3 games (forfeit $37,988) for leaving the bench during altercation during MIA-NOP game
- Feb 23, 2024 Fined $2,000 for ejection from MIA-NOP game
- Nov 12, 2022 Fined $2,000 for ejection from HOU-NOP game
- Mar 28, 2022 Signed a 4 year Rest-of-Season contract with New Orleans (NOP)
- Aug 18, 2021 Signed a Two-Way contract with New Orleans (NOP)
Fines
Date | Reason | Fine Amount | ||
---|---|---|---|---|
Apr 07, 2024 | for technical foul during NOP-PHX game | $2,000 | ||
Feb 23, 2024 | for technical foul during MIA-NOP game | $2,000 | ||
Feb 23, 2024 | for ejection from MIA-NOP game | $2,000 | ||
Dec 23, 2023 | for technical foul during NOP-HOU game | $2,000 | ||
Jan 25, 2023 | for technical foul during MIN-NOP game | $2,000 | ||
Jan 11, 2023 | for technical foul during NOP-BOS game | $2,000 | ||
Nov 12, 2022 | for ejection from HOU-NOP game | $2,000 | ||
Nov 12, 2022 | for technical foul during HOU-NOP game | $2,000 | ||
Apr 07, 2022 | for technical foul during POR-NOP game | $2,000 | ||
Jan 31, 2022 | for technical foul during NOP-CLE game | $2,000 | ||
Jan 25, 2022 | for technical foul during NOP-PHI game | $2,000 | ||
Fines: 11 | $22,000 |
Suspensions
Date | Reason | Games Suspended | Fine Amount | |
---|---|---|---|---|
Feb 25, 2024 | for leaving the bench during altercation during MIA-NOP game | 3 | $37,988 | |
Suspensions: 1 | $37,988 |
Year | Team | GP | GS | Min/Gm | Pt/Gm | Reb/Gm | Ast/Gm | Stl/Gm | Blk/Gm | FG% | 3PT% | FT% |
---|---|---|---|---|---|---|---|---|---|---|---|---|
2024 | NO | 11 | 7 | 25.5 | 10.7 | 2.2 | 4.5 | 1.5 | 0.3 | .396 | .400 | .824 |
2023 | NO | 56 | 18.4 | 7.1 | 2.3 | 2.1 | 1.1 | 0.3 | .412 | .377 | .673 | |
2022 | NO | 61 | 10 | 21.5 | 9.0 | 2.3 | 3.0 | 1.1 | 0.2 | .411 | .336 | .812 |
2021 | NO | 54 | 1 | 15.4 | 6.1 | 1.9 | 2.8 | 1.3 | 0.1 | .446 | .291 | .679 |