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The New Orleans Pelicans are trading guard Jose Alvarado to the New York Knicks in exchange for Dalen Terry, two second-round picks, and cash. The Knicks will get a defense-oriented backup point guard that will give their second unit great energy, especially with the news that Miles McBride will undergo surgery for a sports hernia and could be out until the playoffs. It will be a homecoming for Alvarado, who is from New York, and should quickly be a fan favorite at Madison Square Garden. The fifth-year guard was averaging 7.9 points, 3.1 assists, 2.8 rebounds, and 0.9 steals in 21.9 minutes per game this season, and with him on the move, rookie Jeremiah Fears should get more work off the bench for the Pelicans, who continue to go with a starting five that doesn't have a true point guard. Alvarado may not be as prolific a scorer as McBride, but his role off the Knicks' bench could boost his fantasy value slightly.--Zach Thompson
Source: Shams Charania
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