u/Eventide718

Former Pelican Jose Alvarado returning to Knicks on $14 million contract after declining player option

Jose Alvarado declined his $4.5 million player option for next season, but he’s returning on a three-year deal worth over $14 million, according to ESPN.

The decision allowed him to, instead of playing on the one-year option, sign a multiyear deal that carries a lower average annual value than that $4.5 million.

Thanks, Dumars.

https://nypost.com/2026/06/26/sports/jose-alvarado-returning-to-knicks-on-14-million-contract/

u/Eventide718 — 2 months ago