Questionable
Injury Not Injury Related
Est. Return 2/6/2026
2025 Stats
PTS
7.9
REB
2.8
AST
3.1
STL
0.9
BLK
0.1
ROS Projections
2025 Fantasy Outlook
Alvarado, much like the Pelicans themselves, enters the 2025-26 season as a true wild card. His role grew last year, making 23 starts in 56 regular-season games and averaging 10.3 points, 4.6 assists, 2.4 rebounds and 1.3 steals in 24.4 minutes per contest while shooting 39.2 percent from the field and 35.9 percent from deep. He cracked double figures in scoring for the first time in his career, but his efficiency slipped below 40 percent from the floor for the first time as well. What has remained steady for New Orleans is Alvarado's defensive tenacity -- the 27-year-old has posted at least a steal per game in every season since debuting in 2021-22. Predicting the scrappy guard's minutes is tricky, given the Pelicans' crowded perimeter, which now includes Jeremiah Fears and Jordan Poole, added via the 2025 NBA Draft and trade market, respectively. The improved health of Herbert Jones and the continued growth of Jordan Hawkins will also influence his role. However, Dejounte Murray won't return until later in the season as he recovers from a torn right Achilles tendon suffered in January 2025. Alvarado's defensive intensity will earn him playing time, but a meaningful jump in production or minutes is far from guaranteed. Read Past Outlooks
Signed a one-year, $4.5 million contract extension with the Pelicans in September of 2024. Contract includes $4.5 million player option for 2026-27. Traded to the Knicks in February of 2026. 
Traded to New York
The Pelicans traded Alvarado to the Knicks on Thursday, Shams Charania of ESPN reports. Dalen Terry and two second-round picks will head to New Orleans.
ANALYSIS
Alvarado was heavily linked to the Knicks in recent weeks, so it's not a surprise to see this come to fruition. The Knicks do have a quality backup point guard behind Jalen Brunson in Miles McBride (ankle), but the latter has struggled to stay healthy. Alvarado will bolster New York's backcourt depth after averaging 7.9 points, 3.1 assists and 0.9 steals in 21.9 minutes across 41 regular-season appearances with the Pelicans. He's questionable to make his debut Friday against the Pistons.
Alvarado was heavily linked to the Knicks in recent weeks, so it's not a surprise to see this come to fruition. The Knicks do have a quality backup point guard behind Jalen Brunson in Miles McBride (ankle), but the latter has struggled to stay healthy. Alvarado will bolster New York's backcourt depth after averaging 7.9 points, 3.1 assists and 0.9 steals in 21.9 minutes across 41 regular-season appearances with the Pelicans. He's questionable to make his debut Friday against the Pistons.
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Stat Review
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How does Jose Alvarado compare to other players?
This section compares his stats with all players from the previous three seasons (minimum 200 minutes played)*. The bar represents the player's percentile rank. For example, if the bar is halfway across, then the player falls into the 50th percentile for that stat and it would be considered average.
True Shooting %
55.8%
Effective Field Goal %
54.3%
3-Point Attempt Rate
68.9%
Free Throw Rate
8.6%
Offensive Rebound %
1.9%
Defensive Rebound %
12.2%
Total Rebound %
6.9%
Assist %
19.5%
Steal %
1.7%
Block %
0.4%
Turnover %
10.1%
Usage %
15.7%
Fantasy Points Per Game
17.8
Fantasy Points Per Minute
0.8
NBA Historical Fantasy Stats
Historical ADP
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Knicks Depth Chart
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Knicks Rotation: Minutes Breakdown
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Average Fantasy Points
Minutes
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Average Fantasy Points are determined when Jose Alvarado was active vs. non-active during the season. Click here to view average fantasy points for a different time period.
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Past Fantasy Outlooks
2024
2023
2022
Alvarado was limited to just 56 appearances during the 2023-24 season, and while he posted decent numbers when factoring in that he averaged a mere 18.4 minutes per contest, his situation for 2024-25 is even more complicated. The Pelicans acquired Dejounte Murray in the offseason and still have CJ McCollum on the roster, meaning Alvarado's role will be limited to being a bench guard who's not expected to handle a ton of playmaking duties unless the two starting guards are sitting for prolonged stretches. Alvarado averaged 7.1 points, 2.3 rebounds, 2.1 assists, 1.1 steals and 1.4 three-pointers in 18.4 minutes per game in 2023-24, and given the recent roster moves, it's hard to imagine him seeing a more significant role off the bench. Thus, fantasy managers would be wise to leave Alvarado on waivers. However, he can be valuable as a streaming option in category-based leagues due to his steals and three-point shooting.
More Fantasy News
Logs 30 minutes in loss
Alvarado finished with three points (1-7 FG, 1-6 3Pt) and three assists over 30 minutes during Monday's 102-95 loss to Charlotte.
ANALYSIS
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Takes on 13-minute role in return
Alvarado (oblique) tallied six points (2-5 FG, 2-5 3Pt), five rebounds and one assist across 13 minutes Sunday in the Pelicans' 104-95 win over the Spurs.
ANALYSIS
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Ready to play Sunday
Alvarado (oblique) will be available for Sunday's game against the Spurs.
ANALYSIS
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Chance to return Sunday
Alvarado (oblique) is listed as questionable for Sunday's game against San Antonio.
ANALYSIS
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Likely to miss two more weeks
Pelicans interim head coach James Borrego said Monday that Alvarado (oblique) is "closer to two weeks away" from playing again, Rod Walker of The Times-Picayune reports.
ANALYSIS
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Latest Fantasy Rumors
Spurs willing to make move
The Spurs are willing to make a push to acquire Alvarado before the Feb. 5 trade deadline, according to Will Guillory of The Athletic.
ANALYSIS
Several teams around the league are keeping close tabs on Alvarado as a potential trade target. However, it's unclear if the Spurs would have the assets to get a deal done, as Alvarado's asking price won't be low. Plus, the 27-year-old is keen on staying in New Orleans rather than moving to another team, according to Guillory.
Several teams around the league are keeping close tabs on Alvarado as a potential trade target. However, it's unclear if the Spurs would have the assets to get a deal done, as Alvarado's asking price won't be low. Plus, the 27-year-old is keen on staying in New Orleans rather than moving to another team, according to Guillory.