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The Jose Alvarado trade: New York Knicks win, +$4.3M

NBA · February 5, 2026

New York Knicks win, +$4.3M · February 5, 2026

New Orleans Pelicans gets$9.9M
  Dalen Terry−$1.9M
  2026 DET 2nd-round pick, #58, conditional$7.6M
  2027 IND 2nd-round pick, conditional$7.3M
New York Knicks gets$13.2M
  Jose Alvarado$11.3M
  Latavious Williams$4.7M

Each piece is valued as the model saw it on the day of the trade, in today's cap dollars.

Updated November 6, 2026.

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