Carvajal: “We were too forgiving in the first half”
“We now need to give it 100%”, added Valverde.
The Brazilian has 226 first-team appearances and has lifted 13 titles.
Real Madrid had the better chances but Levante got the win after a goal in the 79th minute.
A Gabriel Jesus goal ten minutes from the end gave Real Madrid's next Champions League rivals a win.
“It's an honour to play for this club and I'm thrilled to have the opportunity”, he told Realmadrid TV.
The official Real Madrid website closed out 2019 with a monthly average of 2,006,000 unique visitors, according to internet audience measurement firm Comscore.
Club president Florentino Pérez headed up the madridista delegation, which posed for a photo at the Palacio de la Zarzuela with the King and the trophy.
Real Madrid won the title in Malaga against Unicaja (68-95).
The event, organised by Real Madrid Next, will take place on March 27, 28 and 29 at the Teatro Goya Multiespacios.
Tickets to see the Legends in action on 29 March at the Bernabéu are available from €5.