Pelicans Trade Jose Alvarado to Knicks
Jose Alvarado, a native of New York, is returning home after being traded from the New Orleans Pelicans to the New York Knicks. This move has been confirmed by Shams Charania of ESPN.
Trade Details
The Knicks will send two second-round draft picks, specifically those from 2026 and 2027, along with forward Dalen Terry to the Pelicans in exchange for Alvarado. Additionally, New Orleans will receive cash as part of the deal.
Background on Jose Alvarado
- Age: 27 years old
- Position: Guard
- Current Season Stats: 7.9 points, 3.1 assists, 2.8 rebounds per game
- Shooting percentages: 41.8% field goal, 36.3% three-point, 83.3% free throw
- Contract: $4.5 million player option for next season
Alvarado is known for his defensive tenacity and energy off the bench. His affordable cap hit made him an attractive option for the Knicks, who were actively seeking backcourt help.
Knicks’ Backcourt Needs
The need for backcourt strength intensified for the Knicks following news that Miles McBride will undergo core muscle surgery, potentially sidelining him until the postseason. Alvarado is poised to step into a significant role with his new team.
Trade Implications
- The Knicks can now fit a 15th player under the salary cap.
- Pursuing Alvarado also indicates a broader roster adjustment strategy for New York.
The Pelicans had been expected to be active in the trade market but have remained restrained, deciding to retain key players like Zion Williamson and Trey Murphy III. So far, Alvarado is the only player they will move before the deadline.
This trade represents a strategic shift for both teams, with the Knicks enhancing their roster while the Pelicans focus on maintaining their core players.
