The New Orleans Pelicans are trading guard Jose Alvarado to the New York Knicks, according to Chris Haynes. The move sends the defensive-minded playmaker to New York as the Knicks look to solidify their backcourt rotation.
Alvarado, 26, has spent his entire professional career with the Pelicans after joining the franchise as an undrafted free agent out of Georgia Tech. Known for his high-energy play and signature "Grand Theft Alvarado" steals, he became a central figure in the New Orleans rotation. During his time with the Pelicans, he averaged 7.5 points, 2.2 rebounds, and 3.4 assists per game while providing a spark off the bench.
The specific compensation and draft assets being sent back to the Pelicans in exchange for the veteran guard have not yet been disclosed. The trade adds a gritty, defensive presence to a Knicks squad that has been active in reshaping its roster. Alvarado is currently in the final year of his contract, making him a valuable addition for a team looking for immediate backcourt depth.
This is a developing story. Check back for updates.
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