The New York Knicks are reportedly set to retain reserve guard Jose Alvarado, who plans to decline his $4.5 million player option for the 2026-27 season. Instead, Alvarado will sign a new three-year contract worth $14 million with the team, according to ESPN’s Shams Charania. The extent of the Knicks’ retention of their title-winning roster remains uncertain. This article will be updated with more information.
