North Melbourne have released a statement on defender Majak Daw following a "serious incident" on Melbourne's Bolte Bridge late on Monday night.

The 27-year old was rescued by emergency services after being discovered in the Yarra River at approximately 11pm, escaping with a broken hip and no life-threatening injuries.

The Kangaroos confirmed that Daw was in a safe and stable condition.

“The North Melbourne Football Club can confirm Majak Daw is recovering in hospital after an incident last night,” the statement read.

“At this stage the full extent of his injuries are unknown, however he is in a stable condition.

“The club is providing full support to Majak and his family and will give a further update when it is in a position to do so.

“We understand the level of interest but ask the privacy of the player, his family, teammates and staff at the club be respected at this sensitive time.”