spotrac Full Details

Jose Alvarado

New Orleans Pelicans, Point Guard

2021-2024 rest-of-season (CURRENT)

Year Age Status Cap HitAnnual Cap % League Cap Apron Salary Luxury Tax Tax % League Tax Cash Annual Cash Guaranteed Cash Cumulative
2021-22 23 $1,500,000 1.33% $1,500,000 $1,500,000 1.10% $1,500,000 $1,500,000 $1,500,000
2022-23 24 $1,563,518 1.26% $1,563,518 $1,563,518 1.04% $1,563,518 $1,563,518 $3,063,518
2023-24 25 $1,836,096 1.35% $1,836,096 $1,817,102 1.10% $1,836,096 $1,836,096 $4,899,614
2024-25 26
Club
$1,988,598 1.41% $1,988,598 $1,988,598 1.16% $1,988,598 - $6,888,212
2025-26 27
UFA
Year Age 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
2021-22 23 $1,500,000 $1,500,000 $1,500,000 $1,500,000 $1,722,053
2022-23 24 $1,563,518 $1,563,518 $3,063,518 $1,531,759 $1,796,071
2023-24 25 $1,836,096 $1,836,096 $4,899,614 $1,633,205 $1,912,347
2024-25 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, exercised 6/28/24)
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
$1,836,096
$4,899,614
Total      
$4,899,614
$4,899,614
2024 26
Active / Club Exercised
$1,988,598
Total
$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
Total
$4,899,614
$4,899,614
$4,899,614
2024
26
$1,988,598
$1,988,598
Total
$6,888,212
$6,888,212

Earnings Per Team

Years Team Base Signing Incentives Cash Cumulative
3 $4,899,614 - - $4,899,614
Cap Hit

$1,988,598 / 410th

Cash Total

$1,988,598 / 425th

Contract Value

$6,888,212 / 360th

Contract Average

$1,722,053 / 456th

AAV% of Cap

1.53% / 409th

Signing Bonus

$0 / 13th

2-Year Cash

$3,063,518 / 396th

3-Year Cash

$4,899,614 / 388th

Total Guaranteed

$4,899,614 / 337th

Guaranteed at Signing

$2,600,000 / 398th

  • 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)