• Loading stock data...
Thursday, November 20, 2025
Want a chance to win $250 and free FOS gear? Take our quick reader survey. Take the survey here
exclusive
Asset Class

Newly American-Owned Italian Hoops Team Hires Ex-Pelicans Exec as GM

A group of U.S. investors that purchased Italy’s Napoli Basketball is hiring the former New Orleans Pelicans chief of staff as its GM.

Napoli Basketball celebrates winning the Italian Basketball Cup in 2024

Napoli Basketball in Italy has poached a former Pelicans and Warriors executive to serve as its general manager under the new ownership group led by U.S. investors Matt Rizzetta and Dan Doyle, Rizzetta confirmed to Front Office Sports.

It’s the latest move in a growing trend of U.S. money pouring into European basketball. 

James Laughlin, who most recently served as chief of staff for the New Orleans Pelicans, is Napoli’s new GM. He also previously worked for the Golden State Warriors as an assistant coach and video coordinator; he once received public praise from Draymond Green during a Warriors playoff run. The team will hold a press conference in Naples this summer to introduce Laughlin, Rizzetta says. 

Napoli is also bringing on John Staudt as head of scouting for North America, a New York native who has been a head coach for multiple teams in Europe, including the Aalborg Vikings of Denmark, who play in the Danish 1st Division.

BasketNews first reported the rumor Laughlin was leaving the Pelicans to join Napoli last week. 

FOS first reported in April that a group led by Rizzetta and Doyle was buying the team. Terms of the purchase were not disclosed, but a source familiar with the matter now tells FOS the sale’s total valuation—taking into account debt, working capital, and other considerations—was between 15 million and 20 million euros ($17 million and $23 million).

The deal closed after the conclusion of the most recent season, which saw Napoli finish 9–21. Its final record was good enough to stave off relegation, meaning Napoli will compete once again in Italy’s top league, Serie A1.

Rizzetta and Doyle, who both graduated from Iona University, bought a majority stake in the team alongside other prominent Iona graduates. Rizzetta hopes the Iona connection will give Napoli a recruiting edge by offering college players a clear path to a pro career in Europe through an alumni-owned team. In the NIL (name, image, and likeness) era, boosters can now offer recruits financial incentives and post-college opportunities without violating NCAA rules.

He also thinks his ownership of Napoli can boost his alma mater’s ability to recruit talented players, as European teams often begin recruiting the next generation of talent as young as 14 and 15 years old—before college.

“We can create a really interesting bridge between the U.S. and Europe by developing players in a major European city that is an appealing destination, with the Amalfi Coast,” he tells FOS. “That was a big impetus behind the decision to do this deal.”

Napoli has rostered former NBA players in the past, including Alex English, Larry O’Bannon, and most recently Kevin Pangos, a former Gonzaga point guard who played in 24 games for the Cleveland Cavaliers in the 2021–22 season. Pangos is currently playing for Napoli.

Rumor has it another former NBA player—Hall of Famer Shaquille O’Neal—may join the Napoli fold in some kind of sponsorship capacity. Rizzetta says his group did recently host O’Neal’s business manager and uncle in Italy and have had talks about a possible role, but he refuted the rumor that there is any agreement, which first sprouted in local Italian newspaper Il Mattino.

The Napoli transaction comes as the NBA eyes expansion into Europe. Commissioner Adam Silver recently said the league is exploring a potential league in Europe with the International Basketball Federation (FIBA) as partners.

Other teams in major European cities with foreign owners include Paris Basketball, co-owned by former Minnesota Timberwolves president of basketball operations David Kahn; AS Monaco Basket, which is owned by Russian businessman and commodity trader Alexey Fedorychev; and Pallacanestro Trieste, which includes former Philadelphia Eagles linebacker Connor Barwin among its ownership.

Rizzetta’s other sports team investments include London-based Dagenham & Redbridge Football Club, which plays in England’s National League; Brooklyn Football Club, which plays in the pro women’s USL Super League; and Campobasso Football Club, which plays in Italy’s third tier Serie C. Hollywood power couple Kelly Ripa and Mark Consuelos are minority investors in Campobasso. His ownership in those teams is through an entity called Club Underdog.

Laughlin could not immediately be reached for comment on his hire. He no longer appears on the Pelicans page listing front office employees. The Pelicans did not immediately respond to a request for comment.

Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

Featured Today

Jul 13, 2025; East Rutherford, New Jersey, USA; FIFA president Gianni Infantino and President Donald Trump carry the FIFA Club World Cup trophy during the presentation after the final of the 2025 FIFA Club World Cup at MetLife Stadium.

Trump-MBS White House Dinner Showcases Saudi Sports Influence 

Attendees included Ronaldo, Bryson DeChambeau, and the owner of the 76ers.
November 19, 2025

ABC, ESPN Bounce Back With Big CFB Ratings After YouTube TV Deal

Oklahoma-Alabama and Texas-Georgia drew more than 10 million viewers.
Jan 28, 2025; Washington, DC, USA; Senator Ted Cruz (R-TX), Chairman of the Senate Committee on Commerce, Science, and Transportation, begins a hearing to examine the Panama Canal and its impact on U.S. trade and national security, focusing on fees and foreign influence on Tuesday, January 28, 2025.
November 18, 2025

Congress Turns Up Heat on Sports Leagues Over Betting Integrity Issues

MLB, the NBA, and the NCAA are all in lawmakers’ crosshairs.
Oct 3, 2025; Tempe, AZ, USA; Penn State Nittany Lions forward Gavin McKenna (72) warms up before the game against the Arizona State Sun Devils at Mullett Arena
November 18, 2025

NCAA-CHL Rule Change Has Already Shaken Up Hockey

Inside how leagues feel a year since the announcement.
Oct 12, 2025; Kansas City, Missouri, USA; Kansas City Chiefs tight end Travis Kelce (87) takes the field prior to a game against the Detroit Lions at GEHA Field at Arrowhead Stadium.

Can Travis Kelce Save Six Flags From Free Fall?

The NFL star joined an activist investor in pushing for change.
Oct 5, 2025; New Orleans, Louisiana, USA; Former New Orleans Saints quarterback Drew Brees smiles prior to the game against the New York Giants at Caesars Superdome.
October 21, 2025

Drew Brees Flag Football League Sells to PE Amid Youth Boom

Football ‘N’ America operates 24 flag football leagues across the country.
Sep 25, 2025; Boston, MA, USA; Boston Celtics lead owner and governor Bill Chisholm speaks during a press conference at Auerbach Center.
October 22, 2025

The NBA’s Expanding Private-Equity Footprint

There is a PE connection of some kind for 20 of 30 teams.
Sponsored

NFL QB Christian Ponder Is Preparing Athletes for Business

Former NFL quarterback Christian Ponder discusses the transition from field to boardroom.
Christie's
October 21, 2025

Lou Gehrig’s $4M Jersey and the Exploding Sports Memorabilia Market

An ultra-rare sports collection is about to hit the auction block.
Jason Belzer
October 17, 2025

College Sports Is ‘Too Big of an Opportunity’

Panelists at the Asset Class summit agreed college sports is the next frontier.
Jon Ledecky
October 17, 2025

Islanders Owner Warns WNBA Against Labor Strife: ‘No Bueno’

Jon Ledecky drew a stark contrast between the two leagues.
Dave Checketts
October 17, 2025

Ex-Knicks President: When David Stern Accused Me of Skirting Cap

The Knicks walked away clean when accused of cap circumvention in the 1990s.