The Hoop reports:

Real Madrid have reached a deal with the Memphis Grizzlies’ Marko Jaric, who will join the club for the remainder of the season pending a physical.

Marko Jaric was born on 12 October 1978 in Belgrade, Serbia and is the son of Yugoslav basketball legend Srecko Jaric. He began his career in 1996 with Greeceā€™s Peristeri and two years later withdrew his name from the NBA draft to move to Italy.

Euroleague.net reports:

Real Madrid gave its fans an early holiday present on Tuesday when it announced the signing of former Euroleague champion Marko Jaric for the remainder of the season, pending medical tests. Jaric will be reunited with head coach Ettore Messina at the end of a decade that they started by winning the 2001 Euroleague title together with Kinder Bologna. Jaric (201, 31) arrives from Memphis of the NBA, where he had not played this season. Last season, he took part in a total of 53 games for Memphis, averaging 2.5 points per night. Jaric started his career in Peristeri of the Greek League in 1996.