On July 5, 2010, after spending four seasons in the NBA, Rodríguez signed a 3-year contract with the Spanish team Real Madrid.
In July 2012, he signed a 2-year contract extension with Real Madrid, extending his contract through the 2014–15 season.

On January 9, 2014, he signed an extension with Real Madrid, staying in the club until 2018.
In May 2014, alongside his teammate Rudy Fernández, he was named to the All-EuroLeague First Team of the EuroLeague.
Prior to the 2014 Final Four, he was named the EuroLeague MVP of the season, after averaging 14 points, 4.9 assists, and 2 rebounds per game,  over 31 games played, despite not starting in any game.

In the 2014–15 season, Real Madrid won the EuroLeague, after defeating Olympiacos, by a score of 78–59 in the 2015 finals game.
Real Madrid eventually finished the season by also winning the season's Spanish League championship, after a 3–0 series sweep in the Spanish League's final series against Barcelona.
With that title win, Real Madrid won the triple crown.
On July 5, 2010, after spending four seasons in the NBA, Rodríguez signed a 3-year contract with the Spanish team Real Madrid. In July 2012, he signed a 2-year contract extension with Real Madrid, extending his contract through the 2014–15 season.
On January 9, 2014, he signed an extension with Real Madrid, staying in the club until 2018. In May 2014, alongside his teammate Rudy Fernández, he was named to the All-EuroLeague First Team of the EuroLeague. Prior to the 2014 Final Four, he was named the EuroLeague MVP of the season, after averaging 14 points, 4.9 assists, and 2 rebounds per game,  over 31 games played, despite not starting in any game.
In the 2014–15 season, Real Madrid won the EuroLeague, after defeating Olympiacos, by a score of 78–59 in the 2015 finals game. Real Madrid eventually finished the season by also winning the season's Spanish League championship, after a 3–0 series sweep in the Spanish League's final series against Barcelona. With that title win, Real Madrid won the triple crown.
Sergio Rodríguez