Yam Madar has agreed to a three-year contract with Maccabi Tel Aviv with a two-year mutual option, according to Israeli sports media. The guard will earn approximately $2 million per season, following a late-night meeting that concluded the protracted saga.
The Zioneer now confirms that Yam Madar has signed a three-year guaranteed contract with Maccabi Tel Aviv, with a two-year mutual option, at approximately $2 million per season. The agreement was reached after a late-night meeting, bringing to a close a protracted saga that has unfolded over the past week. Earlier Sunday at 06:53 Jerusalem, The Zioneer reported that Madar had agreed to terms and was expected to sign later that night, following the activation of his $300,000 exit clause from Hapoel Tel Aviv. That expectation has now been realized.
The development follows a sequence of reported events: On July 1, The Zioneer reported that Madar had activated his exit clause, becoming a free agent. Later that day, reports emerged that he was en route to Maccabi Tel Aviv. However, on July 4, Madar rejected an initial contract offer from Maccabi, with his agent demanding higher compensation. The breakthrough came overnight, with the final agreement valued at $2 million per season, a figure initially reported by ynet and subsequently confirmed by multiple Israeli sports outlets.
As The Zioneer has reported, the move is part of a broader shakeup in Israeli basketball. The deal also comes amid Maccabi Tel Aviv's efforts to retain key players, including the recent signing of captain Dor Peretz to a new contract, as reported on June 25. Madar's arrival marks a significant addition to the team's backcourt.
While the agreement has been confirmed by Israeli media, official confirmation from Maccabi Tel Aviv has not yet been released. The signing is expected to be formally announced in the coming hours.
2 developments
- DevelopingYam Madar rejects Maccabi Tel Aviv offer, agent demands more money
- DevelopingYam Madar activates exit clause, becomes free agent in dramatic Hapoel-Maccabi saga
- DevelopingYam Madar reportedly en route to Maccabi Tel Aviv, Tamir Blatt to Hapoel Jerusalem
- DevelopingDor Peretz signs new 3-year contract with Maccabi Tel Aviv
Source and signal
- Internal intake