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06/26/26 05:06:00
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06/26 17:04 CDT Jose Alvarado will return to the Knicks on a multiyear deal, AP
source says
Jose Alvarado will return to the Knicks on a multiyear deal, AP source says
By BRIAN MAHONEY
AP Basketball Writer
NEW YORK (AP) --- Jose Alvarado will return to the New York Knicks on a
multiyear contract, a person with knowledge of the deal told The Associated
Press on Friday.
Alvarado declined his player option and is working with the NBA champions on a
three-year deal, according to the person who spoke to the AP on condition of
anonymity because the contract was not yet finalized. ESPN first reported the
plan, saying Alvarado would make more than $14 million with the new deal.
The guard was acquired from New Orleans during the season and had a player
option for $4.5 million for next season.
"I'm home," Alvarado wrote on X, ending his post with a series of orange and
blue hearts.
Alvarado indeed came home on Feb. 5 when the Knicks acquired the Brooklyn
native who attended Christ the King High School. He was primarily a backup
behind Jalen Brunson but was on the floor with the All-Star for most of the
fourth quarter of the Knicks' 107-106 victory over San Antonio in Game 4 of the
NBA Finals, when they made a record comeback from a 29-point deficit. Alvarado
had eight points and three assists in the period.
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AP NBA: https://apnews.com/hub/NBA
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