The Anfield boss believes his club will be able to provide the necessary platform for the Italian striker to fulfill his potential.
The Italy international has had promising spells at major European clubs blighted by behavioural problems on and off the field. But Rodgers is sure that there is the right setup in place on Merseyside to allow Balotelli to reach his full potential.
"I believe we have the infrastructure, culture and environment to get the best out of him and help him achieve his true potential. We are a strong group here, committed to hard work and he will benefit from being around it," Rodgers told Liverpool's official website. "I am looking forward to working with him and helping him learn more, improve and progress as a player. I'm sure the supporters will make him feel very welcome."
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Liverpool has been trying to replace Luis Suarez this summer, after the Uruguayan left for Barcelona following his best season at the club. But Rodgers is confident that in Balotelli the club now has a player capable of producing yet more world-class displays.
"This transfer represents outstanding value for the club and I think we have done a really smart piece of business here," he said. "There is no doubting Mario's ability; he is a world-class talent and someone who, for such a young age, has vast experience of playing at the very highest level. He has scored goals in the Barclays Premier League, in Italy, in the Champions League and for his country at international level."