GAINESVILLE, Fla. (AP) -- Florida coach Billy Donovan is close to
signing a five-year contract that would keep him in Gainesville
through the 2015-2016 season.
The new deal would include the three years he has remaining on his current deal, which pays him $3.5 million annually, and add two
more years. Florida athletic director Jeremy Foley said the school
will announce financial terms once the deal has been signed.
"Obviously everyone knows how we feel about Billy Donovan,"
Foley said. "It's in the best interest of our program to keep him
here for a long time."
Donovan said he believes he will sign the new contract soon.
"In terms of us on the same page of where we are, I think it's just a matter of me signing and getting it done," he said Wednesday. "I think in this day and age in coaching it's very, very rare to be staying at a job starting my 16th year and still have the same athletic director in place. (What has) made this job and this opportunity to be here so special is my relationship with him."
Donovan won two national championships (2006, 2007) and is
360-147 in 15 seasons in Gainesville. He also led Florida to the
2000 national championship game. The Gators were one game shy of reaching the Final Four last season, losing to Butler 74-71 in New Orleans.
Donovan briefly left the program following Florida's second
national championship to become head coach of the NBA's Orlando
Magic. He changed his mind and returned to Florida four days later.