Pallacanestro Olimpia Milano, commonly known as Olimpia Milano or as EA7 Emporio Armani Milan after its title sponsor,[2] is an LBA Italian professional basketball team, based in Milan, Italy. Its colors are white and red, and the team is sometimes referred as "Scarpette Rosse" (Little Red Shoes) because team officials imported red Converse All-Star shoes for players from the United States. The tag line stuck, and the nickname is still used by many fans today.
As per custom in the Italian league, sponsorship has kept the team name changing frequently. From 1930 until 1955, it was called Borletti Milano. From 1956 to 1973, it was renamed Simmenthal. Other famous sponsorship names were Billy, Simac, Tracer, and Philips, in the 1980s. For past club sponsorship names, see the list below.
In 1947, Milan businessman Adolfo Bogoncelli merged Pallacanestro Como and Borletti to form a new society,[4] commonly known as "Borolimpia". "Borletti" brand was the main sponsor of the team, becoming the first sponsor in the history of Italian sport.[5]
In the 1970s, three teams were fighting across Europe for supremacy: Olimpia Milano, Ignis Varese, and Real Madrid. Pallacanestro Varese and Olimpia Milano were arch-rivals, as the two cities are 25 miles (40 km) apart. While Milano was a frequent Italian League champion, they were unable to win again the prestigious FIBA European Champions Cup. Late in the 1970s, the quality of the club declined, but Olimpia Milano still managed to win a FIBA Cup Winners' Cup.
In the 1980s, the team was sold to the Gabetti family. After this, they qualified for nine Serie A championships finals, winning five, with the 1987 team winning the Serie A title, the 1986–87 FIBA European Champions Cup (won also in 1988: both finals were won against Maccabi Tel Aviv), the Italian Cup and the 1987 FIBA Club World Cup. This gave the club the coveted "Triple Crown" and the even rarer "Quadruple Crown".
Led by point guard Sasha Djordjević, the team won another FIBA Korać Cup in 1993. Bepi Stefanel purchased the team franchise in 1994, and signed-up notable European players like Dejan Bodiroga, Gregor Fučka, Sandro De Pol, and Nando Gentile. In 1996, the team won the Italian Cup and its 25th Italian National Championship, celebrating the 60th anniversary of the club.
On January 25, 2006, in the midst of a disappointing season in the EuroLeague and domestically, Djordjevic was named as the team's new coach. He left as coach after the 2006–07 season, but not before securing Olimpia a berth in the 2007–08 Euroleague.
2008–present
In 2008, Giorgio Armani bought the team from Giorgio Corbelli, standing as the only owner, entirely changing the management structure, naming Livio Proli as president, and Lucio Zanca as general manager. Piero Bucchi was chosen to coach the new team, leading Olimpia twice to second place in LEGA Basket, being defeated by Montepaschi Siena in both cases.
In January 2011, after 23 years away from coaching, Dan Peterson came back from retirement at the request of team owner Giorgio Armani to replace Piero Bucchi, who was fired in mid-season.[6] Peterson was hired on an interim basis and agreed to coach only the remainder of the season, in which he guided the team to the semi-finals. On June 9, Olimpia Milano announced Sergio Scariolo as new head coach for the 2011–12 season. The first player signed for the 2011–12 season was Omar Cook, an American-born play maker, who had played the previous season with Power Electronics Valencia. Owing to the NBA lockout, Danilo Gallinari went back to his alma mater, playing 15 games (8 in the Italian League, 7 in EuroLeague): he left the team in December.
Sergio Scariolo was replaced by Luca Banchi at the beginning of the 2013–14 season, and the team brought from Montepaschi Siena: David Moss, Kristjan Kangur, and Daniel Hackett.
The team reached the quarterfinals of EuroLeague, 16 years after its last appearance, but the team lost against the eventual league champions, Maccabi Tel Aviv. The team finished in the 1st position the LEGA Basket regular season, and in the 7th game of the playoff's finals, Olimpia won its 26th Italian League championship title, its first after 18 years. Alessandro Gentile, the captain of Olimpia, was named MVP of the finals.
On June 11, 2019, legend Ettore Messina signed a deal as the new head coach of the club and president of all basketball operations for the following three seasons.[8]
Built in place of the old PalaLido, it is used when Mediolanum Forum is unavailable
Olimpia Milano used the OND Borletti outdoor court of Via Costanza for almost 20 years. In the mid-1940s, they moved to the Palazzo dello Sport della Fiera, which had a seating capacity of 18,000 people, and was then the largest indoor sports arena in Europe, and second only to the Madison Square Garden in New York City. In 1960, the Palazzo dello Sport della Fiera was abandoned, and Olimpia moved into the original structure of the PalaLido, which then had a smaller seating capacity of 3,500, but because of lack of security measures at the time, often was filled with up to 10,000 people.
At the end of the 1970s, Olimpia moved into the newly built Palasport di San Siro, a multi-purpose facility built next to the Meazza Stadium, that was able to hold about 15,000 spectators. In 1985, the roof of the Palasport di San Siro collapsed and Olimpia returned to PalaLido for a season, waiting for the construction of a provisional arena. In 1986, they moved into the recently built 10,045 seat PalaTrussardi, where they played through the early 1990s.
The club then moved into its current home arena, the Mediolanum Forum, which has a seating capacity of 12,700.[10] The club has also played some home games at the 6,700 seat PalaDesio. Recently, the club considered moving back to the newly rebuilt and modernized PalaLido (named Allianz Cloud), after it was remodeled, and had its seating capacity expanded. However, the club ultimately decided to continue using the Mediolanum Forum as its home arena, due to its much larger seating capacity, as compared to the new Allianz Cloud. However, the new arena is used when Mediolanum Forum is unavailable.