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After weeks of waiting for the University of Florida to finalize his new seven-year contract, the Orlando Magic have entered Billy Donovan's world and given him another substantial offer to ponder.
After leading the Gators to the last two national championships, the 42-year-old Donovan has received a contract offer from the Magic worth $6 million annually, a source told ESPN.com's Pat Forde.
Team officials told the Orlando Sentinel, which first reported the story on its Web site, that Donovan is expected to take the job.
When asked about the job Wednesday, Donovan told the Sentinel he had not spoken with the Magic. Donovan had not contacted Florida athletics director Jeremy Foley as of Thursday afternoon to say whether he's accepted the job, a source close to the situation told ESPN.com.
Donovan's new contract at Florida -- it was presented to him on May 17 but he had yet to sign it as of May 25 -- was to pay him around $3 million in the first year. The contract then was to escalate to more than $3.75 in guaranteed income by the end of the contract in 2013-14, a person familiar with the negotiations told ESPN.com
The 42-year-old Donovan is one of only 12 college basketball coaches to win multiple national championships. The Gators won their second straight in April after beating Ohio State.
The Magic removed Brian Hill as coach on May 23 after two consecutive losing seasons and a first-round sweep in this year's playoffs.
Information from ESPN.com's Andy Katz and Mark Schlabach was used in this report.
After leading the Gators to the last two national championships, the 42-year-old Donovan has received a contract offer from the Magic worth $6 million annually, a source told ESPN.com's Pat Forde.
Team officials told the Orlando Sentinel, which first reported the story on its Web site, that Donovan is expected to take the job.
When asked about the job Wednesday, Donovan told the Sentinel he had not spoken with the Magic. Donovan had not contacted Florida athletics director Jeremy Foley as of Thursday afternoon to say whether he's accepted the job, a source close to the situation told ESPN.com.
Donovan's new contract at Florida -- it was presented to him on May 17 but he had yet to sign it as of May 25 -- was to pay him around $3 million in the first year. The contract then was to escalate to more than $3.75 in guaranteed income by the end of the contract in 2013-14, a person familiar with the negotiations told ESPN.com
The 42-year-old Donovan is one of only 12 college basketball coaches to win multiple national championships. The Gators won their second straight in April after beating Ohio State.
The Magic removed Brian Hill as coach on May 23 after two consecutive losing seasons and a first-round sweep in this year's playoffs.
Information from ESPN.com's Andy Katz and Mark Schlabach was used in this report.
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