Hey look, it's Marco Belinelli—with some strategically placed pom-poms covering up his twig and berries—naked on the cover of the Italian version of GQ. Here's the full cover:

The cover surfaced in a gallery on the website of Italian sports newspaper Gazzetta dello Sport with the following (Google translated) caption:

Marco Belinelli blessed among the cheerleaders: the Italian of the NBA champion San Antonio Spurs NBA looks very at ease and very little dress on the cover on the issue of GQ (on newsstands Tuesday), which names him the Italian King of NBA Basketball for the occasion.

It looks like a modern take on the famous Sports Illustrated cover with Larry Bird with Indiana State cheerleaders, which was redone with Doug McDermott last year:

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[Gazzetta dello Sport]

h/t Sportando for confirming the cover's authenticity