Jose Alvarado

New Orleans Pelicans, Point Guard
Age: 26-24d (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

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.

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
Free Agent:
2025 / UFA
Year Age Option/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
2025-26 27
UFA
Year Age Status Base Salary Cash Total Cash Cumulative AYC Cumulative AYC Remaining
2021 23 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,722,053
2022 24 $1,563,518 $1,563,518 $3,063,518 $1,531,759 $1,796,071
2023 25 $1,836,096 $1,836,096 $4,899,614 $1,633,205 $1,912,347
2024 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)
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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Career Earnings thru 2024

$6,888,212

Career 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
$1,988,598
$6,888,212
Total      
$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

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
3 $4,899,614 - - $4,899,614
  • 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%
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
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