BREAKING NEWS Pelicans guard Jose Alvarado agrees to 2-year extension worth $9 million, AP source says…

Pelicans guard Jose Alvarado agrees to 2-year extension worth $9 million, AP source says

**Pelicans Guard Jose Alvarado Agrees to 2-Year Extension Worth $9 Million, AP Source Says**

New Orleans Pelicans guard Jose Alvarado has agreed to a two-year contract extension worth $9 million, according to an AP source. The extension reflects the Pelicans’ confidence in Alvarado’s development and the value he brings to the team as a tenacious defender and spark off the bench.

Alvarado, an undrafted player out of Georgia Tech, quickly made a name for himself in the NBA with his relentless defensive energy and signature “Grand Theft Alvarado” style—sneaking up on opponents to force turnovers. His hustle and ability to disrupt opposing offenses have earned him respect around the league, despite not being a high draft pick.

Since joining the Pelicans in 2021, Alvarado has steadily carved out a role for himself, becoming a fan favorite for his gritty, scrappy play. Last season, he averaged 9.0 points, 3.0 assists, and 1.1 steals in 21 minutes per game, making a significant impact in a limited role. His aggressive on-ball defense often provides a much-needed boost for the Pelicans when they need stops in crucial moments.

The new contract is a recognition of Alvarado’s value to the team’s rotation and his potential for further growth. It also offers him more security moving forward after proving he belongs in the NBA. With his extension in place, the Pelicans will hope that Alvarado continues to develop his offensive game to complement his already strong defensive skillset.

This deal highlights the Pelicans’ belief in building around young, hardworking players like Alvarado as they aim to return to playoff contention.