Latest News About Alvarado signs three-year deal with Knicks update

Jose Alvarado turned down his player option on Sunday. He stays in recent York. He then signed a three‑year contract to stay with the Knicks. The deal is worth just under $15 million total. It runs through the 2028‑29 season. The guard stays one reserve in that rotation. Knicks officials stated they want to keep that defensive‑oriented player. He logged minutes off the bench during the 2025‑26 campaign. The new contract locks him in for three more years. It keeps his role as a key bench piece. ESPN and NBA.com reported the signing.

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