Jose Alvarado is an American professional basketball player who has gained attention for his defensive skills and energy on the court. Known by fans as “Grand Theft Alvarado,” he plays as a point guard for the New Orleans Pelicans in the NBA. His story is one of perseverance, going from being undrafted to becoming a fan favorite through sheer hard work and grit.
đź“Š Jose Alvarado: Profile Overview
| Attribute | Details |
|---|---|
| Full Name | Jose Alvarado |
| Date of Birth | April 12, 1998 |
| Jose Alvarado Age | 27 years (as of 2025) |
| Hometown | Brooklyn, New York, USA |
| Height | 6 feet 0 inches (183 cm) |
| Weight | 179 lbs (81 kg) |
| Nationality | American (Puerto Rican descent) |
| Position | Point Guard |
| NBA Team | New Orleans Pelicans |
| Jersey Number | 15 |
| College | Georgia Tech (2017–2021) |
| Nickname | Grand Theft Alvarado |
| Net Worth (2024) | Approximately $1 million USD |
| NBA Salary (2023–24) | Around $1.8 million |
| Contract Extension | 2-year deal worth $9 million |
🏀 Career Journey
Jose Alvarado began his basketball journey at Georgia Tech, where he quickly became known for his leadership and intense defense. Despite going undrafted in the 2021 NBA Draft, he signed a two-way contract with the New Orleans Pelicans. His hustle and ability to pressure ball handlers made him stand out.
In March 2022, his contract was converted into a standard NBA deal, allowing him to play in the postseason. He has since become a reliable rotation player for the Pelicans. Alvarado had a career-high 38-point game against the Denver Nuggets and was named MVP of the 2023 NBA Rising Stars Challenge.
👨‍👩‍👧 Family Background
Jose Alvarado was born and raised in Brooklyn, New York. He comes from a Puerto Rican-American family. His father, Jose Alvarado Sr., and his mother, Odilia Martinez, played an essential role in his upbringing. He is very proud of his Puerto Rican roots and has represented Puerto Rico in international basketball competitions.
He is currently in a relationship with Flor Castillo, and the couple has a daughter together.
đź’° Net Worth and Endorsements
As of 2024, Jose Alvarado’s estimated net worth is around $1 million. Most of his earnings come from his NBA contracts and endorsement deals. Over the years, he has signed promotional deals with companies in the sports and food delivery industries. His rising popularity and solid performances continue to boost his market value.
đź“Ś Conclusion
Jose Alvarado’s rise in the NBA is a true underdog story. From going undrafted to becoming a crucial player for the New Orleans Pelicans, he has proved that dedication and heart can overcome the odds. With a growing fan base and steady career growth, Jose Alvarado is set to make an even bigger impact in the seasons to come
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âť“ Frequently Asked Questions (FAQs)
Q1. What is Jose Alvarado’s net worth in 2025?
A: As of 2025, Jose Alvarado’s estimated net worth is approximately $1 million. His earnings primarily come from his NBA contracts and endorsement deals.
Q2. How much does Jose Alvarado earn annually?
A: Jose Alvarado earns around $1.8 million per year from his NBA contract with the New Orleans Pelicans, excluding endorsements and bonuses.
Q3. Did Jose Alvarado sign a new contract?
A: Yes, in 2024, Jose Alvarado signed a 2-year contract extension worth $9 million, increasing his salary and long-term value with the Pelicans.
Q4. What are Jose Alvarado’s main sources of income?
A: His main income sources include his NBA salary, endorsement deals, and appearance fees from public and promotional events.
