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NBA Champion Hart Invests in Italian Hoops

Summary

  • NBA champion Josh Hart is investing in Italian basketball club Napoli.
  • Hart and co-host Matt Hillman join the team's board.
  • The investment includes the basketball teams and a new arena.

NBA champion Josh Hart has invested in the Italian basketball club Napoli, which currently plays in Italy's top division. Hart, alongside his podcast co-host Matt Hillman, will now serve on the team's board. This investment is described as Rizzetta's largest private investment to date and marks Hart's first foray into sports ownership.

The investment extends to both the men's and women's Napoli basketball teams, as well as a new arena planned near the Amalfi Coast. Napoli is slated to play in EuroLeague next season, with potential for future NBA Europe involvement. The club is currently tied for first place in Serie A and is undefeated in EuroCup.

Hart views this as a legacy project, aiming to build the club's future rather than seeking a quick financial return. He stated that Napoli "reminds me of what we have built with the Knicks in many ways," citing hard work and fan passion. Construction for the new arena is expected to begin next year and conclude by 2030.

Disclaimer: This story has been auto-aggregated and auto-summarised by a computer program. This story has not been edited or created by the Feedzop team.

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