sports
Jose Alvarado declines option, agrees to three-year deal with Knicks
Jose Alvarado is declining his $4.5 million player option and plans to sign a new three-year, $14-plus million contract to remain with the New York Knicks. The guard posted "I'm Home" on X after the agreement was reported.
nypost.comAudio version
Tap play to generate a narrated version.
Developing·Limited corroboration so far. This page will refresh as more sources emerge.
Jose Alvarado is declining his $4.5 million player option and intends to sign a new three-year, $14-plus million deal to return to the New York Knicks, sources told ESPN's Shams Charania. The guard was acquired from New Orleans during the season and had a player option for $4.5 million for next season.
posted "I'm Home" on X, ending the message with a series of orange and blue hearts. He came to the Knicks on Feb. 5 when the team acquired the Brooklyn native who attended Christ the King High School.
Role with team Alvarado 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.
Transparency
How sources framed this
These outlets didn't split into competing frames — coverage was uniform.
CorroborationModerate · 4 sources
