Josh Hart Buys Stake in Napoli Basketball
It’s Hart’s first investment in sports ownership, Napoli’s owner told FOS.
NBA champion Josh Hart is investing in Italian basketball club Napoli, which plays in Italy's top division and is set to join EuroLeague next year. Hart, along with co-host of Hart's Roommates podcast, Matt Hillman, will serve on the team's board. The investment is described as a long-term, legacy project for Hart, who sees some connection to the New York Knicks, his former team.
Napoli's owner, Matt Rizzetta, has a portfolio that includes other sports teams, such as Campobasso soccer team and an Italian women's soccer team. The new arena for Napoli is set to begin construction next year and is expected to be completed by 2030. Rizzetta sees Hart playing a significant role in elevating the team to an elite level, including player recruitment and scouting.
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