NBA
Jose Alvarado
Jose Alvarado
New Orleans Pelicans, Point Guard
Age: 26-224d (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
$6,888,212
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 | AYC Cumulative | AYC Remaining | |
|---|---|---|---|---|---|---|---|---|
| 2025-26 |
|
27 | $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 | AYC Cumulative | AYC Remaining | |
|---|---|---|---|---|---|---|---|---|
| 2021-22 |
|
23 | $1,500,000 | $1,500,000 | $1,500,000 | $1,500,000 | $1,722,053 | |
| 2022-23 |
|
24 | $1,563,518 | $1,563,518 | $3,063,518 | $1,531,759 | $1,796,071 | |
| 2023-24 |
|
25 | $1,836,096 | $1,836,096 | $4,899,614 | $1,633,205 | $1,912,347 | |
| 2024-25 |
|
26 |
Club |
$1,988,598 | $1,988,598 | $6,888,212 | $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
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Seasons
3 Years
Career Earnings thru 2024
$6,888,212
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
|
$1,836,096 |
$4,899,614 |
|
| 2024 | 26 |
|
Active / Club Exercised
|
$1,988,598 |
$6,888,212 |
|
| Total |
$6,888,212 |
$6,888,212 |
||||
| 2025 | 27 |
|
Active
|
$4,500,000 |
||
| 2026 | 28 |
|
Active / Player
|
$4,500,000 |
||
| Total |
$15,888,212 |
Earnings Per Team
| Years | Team | Base | Signing | Incentives | Cash Cumulative |
|---|---|---|---|---|---|
| 4 |
|
$6,888,212 | - | - | $6,888,212 |
| 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
|
$1,836,096 |
$4,899,614 |
||
| 2024 |
|
26 |
$1,988,598
|
$1,988,598 |
$6,888,212 |
||
| Total |
$6,888,212 |
$6,888,212 |
$6,888,212 |
||||
| 2025 |
|
27 |
$4,500,000
|
$4,500,000 |
|||
| 2026 |
|
28 |
$4,500,000
|
$4,500,000 |
|||
| Total |
$15,888,212 |
$15,888,212 |
Earnings Per Team
| Years | Team | Base | Signing | Incentives | Cash Cumulative |
|---|---|---|---|---|---|
| 4 |
|
$6,888,212 | - | - | $6,888,212 |
Injuries
| Year | Dates | Games Missed | Reason | |
|---|---|---|---|---|
| 2024-25 |
NOP |
Nov 13, 2024 - TBD | 1 | 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 | ||
|---|---|---|---|---|
| Jan 25, 2022 |
|
for technical foul during NOP-PHI game | $2,000 | |
| Jan 31, 2022 |
|
for technical foul during NOP-CLE game | $2,000 | |
| Apr 07, 2022 |
|
for technical foul during POR-NOP 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 | |
| Jan 11, 2023 |
|
for technical foul during NOP-BOS game | $2,000 | |
| Jan 25, 2023 |
|
for technical foul during MIN-NOP game | $2,000 | |
| Dec 23, 2023 |
|
for technical foul during NOP-HOU 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 | |
| Apr 07, 2024 |
|
for technical foul during NOP-PHX game | $2,000 |
Suspensions
| Date | Reason | Games Suspended | Fine Amount | |
|---|---|---|---|---|
| Feb 25, 2024 |
|
for leaving the bench during altercation during MIA-NOP game | 3 | $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 |
