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Published 13:09 1 Nov 2018 GMT
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His father Giuseppe, though, was found guilty of affiliation to the 'Ndrangheta' group and will serve 19 years in behind bars.
Iaquinta and his father took their frustration out on the jury after the sentencing, shouting "It's ridiculous, shame on you" at the jurors.
"In our family, we don't even know what 'Ndrangheta is," Iaquinta said after the verdict.
"It can't be possible. They ruined my life out of nothing. Because I'm from Calabria. I'm suffering for my family and my kids, and I haven't done anything."During a hearing back in May, Iaquinta explained that he had acquired the guns "for the future more than anything else." He claimed that he spent a lot of time at a shooting ranger after retiring from football.
As Italian law states, he will not go to prison until all levels of appeal are satisfied.
The trial put more than 140 people in front of a jury, in one of northern Italy's most high-profile mafia trials.
During his career as a footballer, Iaquinta won the World Cup with Italy in 2006, scoring on his debut in a 2-0 win over Ghana. He went on to win 40 caps and scored six times for his country.
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