Jose Alvarado Contract & Salary
Jose Alvarado is a PG for the New York Knicks, earning $4,439,656 in 2026-27. Contract runs through 2028-29 ($9,234,484 guaranteed). Flagged years: 2028-29 non-guaranteed.
Updated · 2026–27 season
Jose Alvarado is on the books for $4,439,656 in 2026–27, the 7th largest cap hit on the New York Knicks roster and 2.0% of the team's $220.9M payroll.
That ranks 280th among the 444 players with a 2026–27 salary on the books, and eats 2.7% of the $165.0M salary cap.
The deal has 3 seasons left on it, running through 2028-29, worth $9,234,484 in guaranteed money.
The money climbs as it goes: $4,439,656 in the first year up to $5,150,000 in the last, a 16% rise across the deal.
Not every year is locked in: 2028-29 non-guaranteed.
The non-guaranteed money is not real money until it is: the team can waive him before the guarantee date and carry none of it, which is why the guaranteed total below is lower than the headline number.
At 28, this contract runs through his age-30 season, so the back end lands after the usual peak.
He is the 7th highest-paid of the 14 players on the roster, in the middle of the pay structure.
He is one of 14 players on the New York Knicks' books for 2026–27, whose 2026–27 salaries add up to $220,861,653.
New York Knicks sit at $220.9M in payroll and are currently classified Tax Payer, with -$11.8M of room below the first apron.
| Season | Salary | % of Cap | Note |
|---|---|---|---|
| 2026-27 | $4,439,656 | 2.7% | |
| 2027-28 | $4,794,828 | 2.9% | |
| 2028-29 | $5,150,000 | 3.1% | Non-guaranteed |
| 2029-30 | UFA / $9.8M | — | |
| 2030-31 | — | — |
| Team Payroll | Cap Space | Tax Room | 1st Apron Room | 2nd Apron Room |
|---|---|---|---|---|
| $220.9M | -$55.9M | -$20.4M | -$11.8M | +$0.8M |
| Pos | Player | Age | 2026-27 | % of Cap |
|---|---|---|---|---|
| C | Karl-Anthony Towns | 30 | $57,078,728 | 34.6% |
| SF | OG Anunoby | 29 | $42,500,000 | 25.8% |
| PG | Jalen Brunson | 30 | $37,739,521 | 22.9% |
| SF | Mikal Bridges | 30 | $33,482,145 | 20.3% |
| SG | Josh Hart | 31 | $20,923,760 | 12.7% |
| SG | Landry Shamet | 29 | $5,490,967 | 3.3% |
| Rank | Player | Team | 2026-27 | vs Alvarado |
|---|---|---|---|---|
| 278 | Josh Minott | Brooklyn Nets | $4,500,000 | +$60,344 |
| 279 | Ebuka Okorie | Detroit Pistons | $4,481,280 | +$41,624 |
| 281 | Jared McCain | Oklahoma City Thunder | $4,422,600 | -$17,056 |
| 282 | Joan Beringer | Minnesota Timberwolves | $4,411,200 | -$28,456 |
| 283 | Christian Anderson Jr | Charlotte Hornets | $4,257,480 | -$182,176 |