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The New Orleans Pelicans have agreed to a two-year, $9 million extension with guard Jose Alvarado, sources confirmed to ESPN's Bobby Marks on Saturday.
Alvarado, 26, had one year and $1.9 million left on his deal and now will be signed with the Pelicans through the 2025-26 season with a player option for 2026-27.
The 6-foot spark plug has become a fan favorite for his relentless energy and hustle on the court with the Pelicans, a team he's been with the past three years.