Speaking at the University of Naples Federico II, De Laurentiis said: "We haven't considered him. He is extraordinary, but first we need to consider the possibilities of players who are already here with Ancelotti during pre-season.
"We've got many attacking players, so we cannot harm those who are already here and have never played for Napoli. To think the attack is our priority would be a mistake. Our priorities are different."
Balotelli is available on a free transfer after choosing to leave Nice at the end of his contract.