The Pelicans are reportedly trading Jose Alvarado to the Knicks, according to ESPN’s Shams Charania.
Just in: The New Orleans Pelicans are trading Jose Alvarado to the New York Knicks, sources tell ESPN. Homecoming for the Pelicans guard. pic.twitter.com/OEG3GVFX05
— Shams Charania (@ShamsCharania) February 5, 2026
Alvarado is averaging 7.9 points, 3.1 assists, and 2.8 rebounds per game this season, which is a bit of a decline from a year ago. Alvarado is in his fifth year in the NBA, all with New Orleans. He’s primarily been the team’s sixth man, and all his games this season have seen him come off the bench. Alvarado signed with the Pelicans in 2021 as an undrafted free agent out of Georgia Tech.
This breaking news story will be updated.

