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Current Contract
Jose Alvarado signed a 4 year / $6,888,212 contract with the New Orleans Pelicans, including $3,063,518 guaranteed, and an annual average salary of $1,722,053. In 2023-24, Alvarado will earn a base salary of $1,836,096, while carrying a cap hit of $1,836,096.
Contract: 4 yr(s) / $6,888,212 Average Salary: $1,722,053 Guaranteed at Signing $2,600,000 Signed Using: Rest Of Season/MLE Free Agent: 2025 / UFA Year Age Status Base Salary Likely Incent. Unlikely Incent. Trade Bonus Cap Hit Pct of League Cap 2021-22 23 $1,500,000 - - - $1,500,000 1.33% 2022-23 24 $1,563,518 - - - $1,563,518 1.26% 2023-24 25 NON-GTD $1,836,096 - - - $1,836,096 1.35% 2024-25 26 Club $1,988,598 - - - $1,988,598 1.40% 2025 27 UFA 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)
Sources: Spotrac
Previous Contracts
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2021-2021
Contract: 1 yr(s) / - Average Salary: - Signed Using: Two Way Free Agent: 2022 / RFA -
Estimated Career Earnings
A look at the calculated cash earnings for Jose Alvarado, including any upcoming years.
Year Team Awards Salary Signing Bonus Incentive Trade Kicker Total Cash 2021-22 $1,500,000 - - - $1,500,000 2022-23 $1,563,518 - - - $1,563,518 Est. Earnings
(2 seasons)$3,063,518 - - - $3,063,518 2023-24 $1,836,096 - - - $1,836,096 2024-25 $1,988,598 - - - $1,988,598 $6,888,212 - - - $6,888,212 Seasons Team Salary Signing Bonus Incentive Trade Kicker Total Cash 2 seasons $3,063,518 - - - $3,063,518 * earnings may include deduction of original cashed earned due to shortened season
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Transactions
Jan 25 2023Fined $2,000 for technical foul during MIN-NOP gameJan 11 2023Fined $2,000 for technical foul during NOP-BOS gameNov 12 2022Fined $2,000 for ejection from HOU-NOP gameNov 12 2022Fined $2,000 for technical foul during HOU-NOP gameApr 7 2022Fined $2,000 for technical foul during POR-NOP gameMar 28 2022Signed a 4 year Rest-of-Season contract with New Orleans (NOP)Jan 31 2022Fined $2,000 for technical foul during NOP-CLE gameJan 25 2022Fined $2,000 for technical foul during NOP-PHI gameAug 18 2021Signed a Two-Way contract with New Orleans (NOP) -
Fines & Suspensions
A look at the reported fines & suspensions for Jose Alvarado, and the financial implications.
Date Team Category Games Susp. Forfeited Reason 01/25/2023 Technical Foul $2,000 for technical foul during MIN-NOP game 01/11/2023 Technical Foul $2,000 for technical foul during NOP-BOS game 11/12/2022 Ejection $2,000 for ejection from HOU-NOP game 11/12/2022 Technical Foul $2,000 for technical foul during HOU-NOP game 04/07/2022 Technical Foul $2,000 for technical foul during POR-NOP game 01/31/2022 Technical Foul $2,000 for technical foul during NOP-CLE game 01/25/2022 Technical Foul $2,000 for technical foul during NOP-PHI game - $14,000 -
Statistics
Season Team Games MPG FG% 3PT% FT% ORB DRB TRB AST STL BLK TOV PT Prod Pts 2022 NO 61 21.46 0.411 0.336 0.812 0.46 1.85 2.31 3.05 1.10 0.16 1.33 9.02 17.56 2021 NO 54 15.43 0.446 0.291 0.679 0.46 1.39 1.85 2.81 1.31 0.13 0.74 6.11 14.70 Totals 115 18.63 0.424 0.322 0.759 0.46 1.63 2.10 2.94 1.20 0.15 1.05 7.65 16.22