spotrac Full Details

Jose Alvarado

New Orleans Pelicans, Point Guard

2025-2026 Veteran Extension (UPCOMING EXTENSION)

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

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
Cap Hit

$1,988,598 / 411th

Cash Total

$1,988,598 / 409th

Contract Value

$6,888,212 / 361st

Contract Average

$1,722,053 / 440th

AAV% of Cap

1.53% / 406th

Signing Bonus

$0 / 99th

2-Year Cash

$3,063,518 / 395th

3-Year Cash

$4,899,614 / 384th

Total Guaranteed

$4,899,614 / 335th

Guaranteed at Signing

$2,600,000 / 396th

  • 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)