But is he tempted to do a Beckenbauer and do it all over again, this time as a coach? With talk of Antonio Conte not renewing his contract after the 2016 European Championships, speculation has been rife regarding an eventual successor.
"Coach of the national side? It's important to specify that I want to coach," Cannavaro told assembled media at Italy's 2-1 victory over Norway in their last European qualifier.
Cannavaro seemed intent to shoot down his own claim, at least in public, by backing Conte, who retired from football the season before Cannavaro made a much-publicised move to Juventus from rivals Inter.
"Italy would lose a lot with Conte's departure, he's a great coach."
Cannavaro was last heard of on a bench when he led Guangzhou Evergrande to joint-top spot of the Chinese Super League (CSL) and the quarter-finals of the Asian Champions League, before the club decided to sack him anyway and appoint Luiz Felipe Scolari instead.