Sources: Pelicans extend Jose Alvarado on 2-year, $9M deal
The New Orleans Pelicans have agreed to a two-year, $9 million extension with guard Jose Alvarado, sources confirmed to ESPN's Bobby Marks on Saturday. Alvarado, 26, had one year and $1.9 million left on his deal and now will be signed with the Pelicans through the 2025-26 season with a player option for 2026-27.