
Jose Alvarado
VETERAN EXTENSIONUFAJose Alvarado signed a 1-2 year, $9,000,000 contract with the New Orleans Pelicans on Sep 30, 2024. The contract has a cap hit of $4,500,000.
- Total value
- $9,000,000
- Guaranteed
- $9,000,000 (100%)
- AAV
- $4,500,000
- Length
- 1 - 2 years
- Avg cap %
- 2.8%
- Signing method
- Bird Exception
- Signing team
- NOP
- Signed
- September 30, 2024
| Season | Option | Cap hit | % Cap | Base | Guaranteed | Likely inc. | Unlikely inc. |
|---|---|---|---|---|---|---|---|
| 2025-26current | — | $4,500,000 | 2.9% | $4,500,000 | $4,500,000 | $0 | $0 |
| 2026-27 | player opt | $4,500,000 | 2.7% | $4,500,000 | $4,500,000 | $0 | $0 |
Cap hold 2027-28: $8,550,000
Updated 6/13/2026