Pedro Martinez Named Head Coach of Real Madrid Basketball for Three Years

Real Madrid officially appointed Pedro Martinez as their new head coach on July 6, 2026, signing him to a three-year contract. Martinez, who was named EuroLeague Coach of the Year, left Valencia after an outstanding season where he led the team to a Spanish league championship, a Supercup victory, and a EuroLeague Final Four appearance. He replaces Sergio Scariolo, who served as Real Madrid's coach for just one season. Scariolo's tenure ended following a trophyless year marked by a EuroLeague final loss to Olympiacos, a disappointing Spanish league quarterfinal exit to Tenerife, a Spanish Cup final defeat to Baskonia, and a Supercup loss to Valencia. Real Madrid paid Valencia a transfer fee of one million euros to secure Martinez, who will earn slightly over one million euros annually under his new contract.