Sources: Jose Alvarado returning to Knicks on new 3-year deal
A new NBA update is on the board from ESPN. The source report points to Jose Alvarado is declining his $4.5 million player option and intends to sign a new three-year, $14-plus million deal to return to the Knicks, sources told ESPN's Shams Charania. Total Highlights is tracking the story for readers who want the quick version and a direct path back to the original report.
Total Highlights Sports Deskยท Verified Source: ESPN
A new NBA update is on the board from ESPN. The source report points to Jose Alvarado is declining his $4.5 million player option and intends to sign a new three-year, $14-plus million deal to return to the Knicks, sources told ESPN's Shams Charania. Total Highlights is tracking the story for readers who want the quick version and a direct path back to the original report.
This short update is written by Total Highlights from source metadata and public reporting context. It is designed as a quick pointer, not a republication of the source article.
![Jose Alvarado [600x400]](https://a.espncdn.com/photo/2026/0626/r1680149_600x400_3-2.jpg)
