Former Rider Derek Gee Faces €30m Damages Claim After Agreement Termination Over Personal Convictions

Canadian cyclist Derek Gee stated publicly he faces a substantial damages claim amounting to €30 million from his former team, Israel-Premier Tech. This comes after his choice to end his contract based on what he described as "personal beliefs."

Race Exit and Underlying Reasons

The 28-year-old, after placing fourth overall at the recent Giro d’Italia, left his team shortly before the Vuelta a España in September. That race experienced extensive pro-Palestinian protests connected with Israel’s offensive in Gaza.

"I terminated my agreement with just cause, which is anyone's entitlement when they are unable to keep fulfilling their work under the existing circumstances," Gee stated on his social media accounts.

He noted that the decision was not taken lightly and came after an irreparable relationship with the team's leader, in addition to major worries related to racing for the team from both a safety and ethical perspective. These factors weighed heavily on his moral judgment, he added.

Official Stance and Ongoing Case

Israel-Premier Tech informed Reuters they were unable to comment regarding this issue as the case is now with the arbitral board of the UCI, the sport’s governing body. Reuters has also contacted the governing body for their input.

Gee acknowledged that leaving the team left him without an agreement or insurance in case of injury, but added this was a chance he was willing to take since he was unable to keep competing for the team.

Substantial Demand and Rebranding News

"I recognize the team sees it differently," Gee went on. "However, I now confront what is described as a financial demand said to exceed around 30 million euros – simply for upholding my basic rights as an athlete and individual."

He shared that this situation strengthens my belief that leaving the team was the right decision, regardless of the team's recent statement about rebranding and organizational adjustments.

The basis is uncertain what the €30m figure represents. Professional cyclists usually make just a small portion of that amount throughout their careers.

Separately, the team stated earlier this week that they would undergo a full rebrand starting in 2026, moving away from their current Israeli branding following over ten years.

Joshua Alvarez
Joshua Alvarez

A certified financial planner with over a decade of experience in personal finance and budgeting strategies.