Maccabi Electra Tel Aviv coach David Blatt has signed a contract extension for an additional two seasons as well as option for a third year.

"No one could be happier than me, this is an emotional moment," Blatt said in a statement released by the club. "Maccabi Electra Tel Aviv is dear to my heart and I am happy and proud to continue serving it. I thank the ownership and management for the faith they have in me. I am surrounded by people of the highest level, who allow me to lead the team to the highest heights we could dream of. Maccabi is a warm and wonderful family and I am proud to be a part of the excellent tradition of the club. I promise our fans that we will do everything possible to make you proud of us every day."

Blatt, currently in his 4th season as head coach of Maccabi, has led his team to the Euroleague Final Four twice – including the title game last season – and won three Israeli League titles and four Israeli Cups.