The New Orleans Pelicans have agreed to a two-year, $9 million extension with guard Jose Alvarado, securing his position through the 2025-26 season with a player option for 2026-27.
Alvarado has become a fan favorite for his relentless energy and hustle on the court, having averaged 7.1 points and 2.1 assists last season.
With the arrival of Dejounte Murray, Alvarado is expected to take on a vital role as the team's second-unit point guard for the upcoming season.
This extension is key for the Pelicans as they aim for consecutive playoff appearances for the first time since the 2008-09 season.
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