NEW ORLEANS — New Orleans Pelicans guard Jose Alvarado has agreed to a two-year contract extension value $9 million, an individual acquainted with the state of affairs mentioned Saturday.
The contract features a participant possibility for the 2026-27 season, mentioned the individual, who spoke to The Related Press on situation of anonymity as a result of the settlement has not been introduced.
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The deal, first reported by the Occasions-Picayune, comes as Alvarado — a 6-foot, high-energy reserve who went undrafted out of Georgia Tech in 2021 — was getting into his closing season below contract.
READ: NBA All-Star: Jose Alvarado wins Rising Stars MVP
Throughout three NBA seasons, Alvarado has developed a repute as a heady defender with a penchant for sneaking up on ball-handlers to make back-court steals.
He was identified for related exploits in faculty, incomes the nickname “Grand Theft Alvarado,” and he was named the ACC Defensive Participant of the Yr in 2021.
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In 171 video games with New Orleans, he has averaged 7.5 factors, 2.7 assists and 1.2 steals in 18.5 minutes per recreation.
READ: NBA: Jose Alvarado’s profession recreation leads Pelicans previous Nuggets
A New York native with Puerto Rican ancestry, Alvarado additionally has performed for Puerto Rico’s nationwide crew, together with on the 2024 Paris Olympics.
This season, Alvarado might be among the many major backups for newly acquired level guard Dejounte Murray.
Pelicans coaching camp opens in Nashville, Tennessee, on Tuesday after gamers report for a preseason media occasion in New Orleans on Monday.