Jose Alvarado Biography Jose Alvarado born April 12, 1998 is a Puerto Rican-American professional basketball player for the New Orleans Pelicans in the NBA. He is known by the nickname “Grand Theft Alvarado” for his exceptional ability to create steals. Alvarado has been representing Puerto Rico internationally since 2022. He previously played college basketball for the Georgia Tech Yellow Jackets.
Jose Alvarado Biography
Jose Alvarado, known for his on-court tenacity and the nickname “Grand Theft Alvarado,” is a backup point guard for the New Orleans Pelicans. Though he may not always grab the headlines, Alvarado has made a significant impact with his hustle, defense, and ability to generate steals, carving out a unique role on the team. Standing at just 6 feet tall, Alvarado’s rise to the NBA is a story of perseverance and determination. Hailing from Brooklyn, New York, he initially earned recognition for his ball-handling, quick release, and defensive prowess while playing high school basketball at Christ the King Regional High School in Queens. His college career at Georgia Tech further solidified his reputation. In his senior year, Alvarado, alongside Moses Wright, helped lead the Yellow Jackets to their first ACC title in almost 30 years, earning the ACC Defensive Player of the Year award.
Jose Alvarado Biography Details 2025
| Born | April 12, 1998 (age 26) Williamsburg, Brooklyn, New York, U.S. |
| Nationality | Puerto Rican |
| Listed height | 6 ft 0 in (1.83 m) |
| Listed weight | 179 lb (81 kg) |
| High school | Christ the King (Middle Village, New York) |
| College | Georgia Tech (2017–2021) |
| NBA draft | 2021: undrafted |
| Playing career | 2021–present |
| Category | Football Biographies |
About Jose Alvarado
Jose Alvarado is a Puerto Rican-American professional basketball player for the New Orleans Pelicans of the National Basketball Association. He is nicknamed “Grand Theft Alvarado” due to his ability to create steals. Alvarado represents Puerto Rico internationally since 2022.
- Born: 12 April 1998 (age 26 years), Brooklyn, New York, United States
- Current teams: New Orleans Pelicans (#15 / Point guard), Puerto Rico
- Height: 83 m
- Education: Christ the King High School
- Listed weight: 179 lb (81 kg)
- Nationality: American
- Date joined: 2021 (New Orleans Pelicans)
Early Life
As a child, Alvarado played football but stopped after injuring his neck. He then focused on basketball, playing for Christ the King Regional High School in Middle Village, Queens, New York City. During his junior year, he averaged 17 points and 6.5 assists per game and was named the Catholic High School Athletic Association (CHSAA) Player of the Year. In his senior year, Alvarado achieved the first quadruple-double in his school’s history, recording 18 points, 10 rebounds, 10 assists, and 10 steals in a win against Xaverian High School on December 22, 2016. That season, he averaged 17.9 points per game and led Christ the King to the CHSAA intersectional quarterfinals, earning TimesLedger Player of the Year honors.
Alvarado was regarded as a four-star recruit by ESPN and Rivals, and a three-star recruit by 247Sports in the 2017 class. On September 15, 2016, he committed to play college basketball for Georgia Tech, choosing the school over offers from Rutgers, Seton Hall, and others. Georgia Tech head coach Josh Pastner had first seen Alvarado play at the Nike Elite Youth Basketball League.
Endorsements
Off the court, Alvarado has secured endorsement deals with several brands. He has partnered with Waitr, a New Orleans-based food delivery service, where he promotes the app through autograph signings and social media engagement. Additionally, Alvarado signed a multi-year deal with Peak Sport Products, a Chinese sportswear company. As the face of Peak’s “Attitude” shoe line, Alvarado’s partnership with the company highlights his growing influence in the sports and fashion worlds.
Other Income and Investments
Currently, there is no publicly available information about any investments or other sources of income beyond Alvarado’s NBA salary and endorsement deals.
Personal Life
There’s limited information regarding Alvarado’s house, though it’s rumored that he resides in New Orleans due to his NBA career with the Pelicans, with another property in New York. Similarly, details about his car collection are not publicly available.
Charity Work
There is no specific information about Alvarado’s charity work at this time. In sum, while his net worth is currently estimated at $1 million, Jose Alvarado’s growing presence in the NBA and with major brands suggests that his financial future continues to look promising.
Jose Alvarado Salary and Contract
For the 2024/25 season, Alvarado is set to earn $1.8 million. He is currently under a four-year, $6.88 million contract with the New Orleans Pelicans. Depending on the team’s decision regarding the final year of his contract, he could become an unrestricted free agent in the 2024 or 2025 offseason.
Jose Alvarado Net Worth 2025
Jose Alvarado net worth was estimated to be at least $38 million. He is the Chairman of the Board and PR of Commercial Metals Co. Jose Alvarado is also the name of an NBA player for the New Orleans Pelicans. In September 2024, he agreed to a two-year, $9 million contract extension with the Pelicans. This extension includes a $4.5 million salary for the 2025-26 season.