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Donovan takes big-money deal to coach Magic

Updated: June 4, 2007, 12:43 AM ET
ESPN.com

Billy Donovan, who led Florida to back-to-back national championships this past season, was named head coach of the Orlando Magic on Friday.

After weeks of waiting for the Gators to finalize a new seven-year contract extension, Donovan on Thursday was offered a big-money deal. Sources say the pact is for five years and $27.5 million. Orlando formally introduced the 42-year-old Donovan as their coach at a Friday morning news conference.

"Personally this was very difficult for ...

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