Saturday, October 3, 2026
  • -
    days
  • -
    hours
  • -
    minutes
  • -
    seconds
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

Want more from Front Office Sports
in your search results?

Add Front Office Sports on Google

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.

This field is for validation purposes and should be left unchanged.

Sign up for the
Asset Class Newsletter

Get the latest in sports finance, investment, and transaction activity, straight to your inbox once a week.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Linkedin
Whatsapp
Copy Link
Link Copied
Link Copied

What to Read

Florida Governor Ron DeSantis speaks with New York Yankees president Randy Levine as they attend a roundtable event on collegiate sports at the White House in Washington, D.C., March 6, 2026.
Exclusive

SEC and Big Ten Don’t Want to Expand: Randy Levine

Levine argued amending the conference realignment provision would be unnecessary.
Apr 3, 2026; Phoenix, AZ, USA; Detail view of an NCAA basketball in the hoop during the second half of a semifinal of the Final Four of the women's 2026 NCAA Tournament between the UConn Huskies and the South Carolina Gamecocks at Mortgage Matchup Center. Mandatory Credit: Kirby Lee-Imagn Images

Ohio Court Reverses Grandfathering of Athletes Into NCAA Eligibility

Parallel litigation remains ongoing in several states.
Mar 16, 2026; Inglewood, California, USA; LA Clippers owner Steve Ballmer reacts against the San Antonio Spurs in the first half at Intuit Dome. Mandatory Credit: Kirby Lee-Imagn Images
Exclusive

Ballmer Drops Lawyer Who Called NBA Probe a ‘Witch Hunt’

O’Melveny & Myers had been representing Ballmer in multiple matters.

WNBA Faces Ratings Test Without Caitlin Clark, Fever

Indiana was eliminated from the playoffs Thursday by the Las Vegas Aces.
podcast thumbnail mobile
Front Office Sports Today

A Conversation with Randy Levine on the Yankees’ $2.6B Apollo Deal and the Protect College Sports Act

0:00

Featured Today

How the Baseball Cap Became a ‘Behemoth’

The hat has become essential for athletes, fans, and the sports-agnostic.
Morishita-Sato-homerun-celebration-at-Meiji-Jingu-Baseball-Staidum-2025
September 28, 2026

Japanese Baseball Is Fighting Back Against MLB Talent Drain

Nippon Professional Baseball is reimagining how to be a global juggernaut.
Aug 9, 2026; Bedminster, New Jersey, USA; President Donald Trump walks out of the clubhouse during the final round of the LIV Golf New York tournament at Trump National Bedminster.
September 25, 2026

Trump’s Year of Sports Gets Busier With CFB, Presidents Cup

The impact of Trump’s attendance varies across each sporting event.
A Bar of Their Own
September 25, 2026

Women’s Sports Bars: Novelty Has Worn Off, ‘That’s a Good Thing’

They’re leveling up, but sustainability remains the first consideration.
Hot & Social/Mets
September 18, 2026

Sports Teams Are Playing a New Role: Matchmaker

The latest promotion at the stadium? Love.

Diamond Baseball Holdings Interested in ‘Any and All’ MiLB Teams

The Silver Lake–backed entity remains on the hunt for more teams.
Exclusive
September 15, 2026

Novig CEO Says Sydney Sweeney Drove Visuals of Nude Ad

“We never intended to portray female sports,” Jacob Fortinsky told FOS.
Sam Porter
September 15, 2026

Private Equity Giant Apollo Taking ‘Hard Look’ at NFL Investment

Apollo isn’t on the NFL’s approved PE list—yet.
Sponsored

Beyond the Scorecard: How Dow Is Putting Purpose at the Center of Women’s Golf

Discover how Dow and the LPGA are building a partnership with lasting impact.
Mar 28, 2025; Minneapolis, Minnesota, USA; Minnesota Timberwolves minority owners Marc Lore and Alex Rodriguez celebrate the team's win over the Phoenix Suns at Target Center
August 21, 2026

Why Flood of NBA Team Sales Isn’t Slowing

Often it’s less about love of team, more about love of returns.
May 24, 2026; Las Vegas, NV, USA; Yoni Andica (COL) during the weightlifting competition at the Enhanced Games at Resorts World Las Vegas. Mandatory Credit:
August 18, 2026

Enhanced Games Parent Company Posts $62M Loss After Debut Event

Enhanced Groups is now focusing on supplements and smaller events.
Tennis - French Open - Roland Garros, Paris, France - May 28, 2026 France's Moise Kouame reacts during his second round match against Paraguay's Adolfo Daniel Vallejo REUTERS/Guglielmo Mangiapane
May 29, 2026

Lawyers Explain Odd Case of Moïse Kouamé’s French Open Prize Money

Kouamé has secured nearly $220,000 by advancing to Round 3 in Paris.
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.
October 23, 2025

Can Travis Kelce Save Six Flags?

The NFL star joined an activist investor in pushing for change.