Pelicans' Jose Alvarado drawing trade interest from lowly East team

With Tyrese Haliburton out for the season due to a torn Achilles tendon, the Indiana Pacers have been on the lookout for help at point guard, having cycled through multiple veterans during the preseason and later cutting James Wiseman to add Mac McClung. McClung was subsequently replaced by Monte Morris, whom the team initially intended to bring in for camp before discovering he had a calf injury that has since healed.

Head coach Rick Carlisle said McClung was the most impressive participant in a three-player free agent workout on Oct. 27, which is why the Pacers signed him. According to Jake Fischer of The Stein Line, the other two participants in that session were Morris and Cody Martin, whose 10-day hardship contract with Indiana expires on Friday.

Martin, who missed Thursday’s game in Phoenix due to an illness, is unlikely to return to the Pacers unless they’re granted another hardship exception, Fischer writes.

In addition to keeping close tabs on free agents, Indiana has also been monitoring the trade market for backcourt help. Sources tell Fischer that Pelicans guard Jose Alvarado is of particular interest to the Pacers.

Alvarado, 27, went undrafted in 2021 after a standout college career at Georgia Tech. The 27-year-old is making $4.5M this season and holds a player option for 2026-27 worth the same amount.

Through 10 games this season, Alvarado is averaging 6.7 points, 2.6 assists, 2.6 rebounds and 1.0 steal in 18.9 minutes per contest, with a shooting line of .423/.429/.800.