​The Sporting News originally published this report, and you can mark The Sporting News as a preferred source by clicking here. With the July moratorium period drawing to a close on Monday, teams can officially announce or finalize moves they had previously reported. For the New York Knicks, the decision to re-sign the flawless Jalen Brunson backup after their epic NBA Finals victory is now a done deal.
The Knicks announced today that they have re-signed Jose Alvarado, the 28-year-old guard standing 6-feet tall and weighing 179 pounds. In the 2025-26 season with New York, Alvarado averaged 6.6 points, 3.8 assists, 2.0 rebounds, and 1.0 steal in 16.9 minutes over 28 games, including three starts, after being acquired from the New Orleans Pelicans on February 5, 2026. During the Knicks’ championship run in 2026, he contributed 4.2 points, 1.4 rebounds, and 1.2 assists in 9.4 minutes across 18 games.
Alvarado’s acquisition from the Pelicans before last year’s February trade deadline proved to be among the most shrewd in-season moves the Knicks could have made. The Georgia Tech product quickly established himself as the second unit lead guard New York needed, delivering dependable performances as the year progressed.
Known for his tenacious on-ball defense and the ability to lower his center of gravity on offense, Alvarado provided key contributions off the bench during the Knicks’ fourth-round series against the San Antonio Spurs. In Game 4, he delivered several pivotal moments, including a late three-pointer and an assist that helped fuel a decisive comeback, as New York mounted a 20-point rally to win 107-106 and take a 3-1 series lead, ultimately sealing the series and keeping the Knicks on track toward the championship.
With Alvarado back in the fold, New York’s 2026-27 bench unit looks to be in strong hands, ready to back up a star-laden lineup and sustain depth throughout the season. As the NBA community continues to digest the offseason moves and the near-term implications, the Knicks’ roster appears well-positioned to contend, build continuity, and navigate the grind of a long schedule with a reliable backup guard who proved his value when it mattered most.
Additional NBA developments continue to surface, including speculative chatter about teams evaluating trades and cap space, updates on potential blockbuster moves, and ongoing conversations about star players and roster construction. For followers seeking broader context and more in-depth analysis, look for coverage that ties these individual transactions to long-term team-building goals, salary-cap management, and the evolving landscape of twos and threes on modern NBA rosters.