BASKETBALL: Four-time Olympian Lauren Jackson has tipped Australia to finally land Olympic gold in Rio, with a few caveats.

The legendary basketballer won't take to the floor in Rio after retiring in March due to ongoing knee trouble.

But she remains the side's biggest cheerleader, and sees her former teammates claiming the gold medal that eluded her through her playing days.

The Opals have picked up three silvers and two bronze medals in the past five Games, but Jackson sees a breakthrough in Rio led by centre Liz Cambage.

"If they play their best basketball and stay injury free, which is something we haven't been able to do for a long time, they definitely have a chance at winning," she said.

"If Liz is firing, that's the key.

"That team is going to do amazing things in Rio. It's going to be really exciting to watch as a fan and as an ex-Opal."

Alongside Cambage, Jackson said coach Brendan Joyce was the team's biggest asset.

"(Joyce) is special. He is unique in the sense that his excitement and his enthusiasm brings that out in every one around him.

"You can ride off that energy, the energy he's got."

As for opponents, Jackson sees threats to Australian gold from Europe along with traditional powerhouse the United States.

"Spain might give them a run. France too," she said.

Jackson was unveiled as the new commercial operations boss for WNBL club Melbourne Boomers on Wednesday morning.

AAP