LAWSUITS NEWS & LEGAL INFORMATION
Billy Donovan
This is a settlement for the Commercial lawsuit.
Gainesville, FL: (Jun-07-07) Billy Donovan formally apologized for changing his mind to coach the Orlando Magic, claiming that he no longer had any desire to coach in the NBA. He stated that he belonged at the University of Florida and wanted to be there for as long as the administration would allow. Donovan, who led the Gators to back-to-back national championships and is 261-103 in 11 seasons at Florida, accepted the offer to become the Magic's head coach early June and signed a five-year, $27.5 million contract before a news conference.
In a negotiated settlement, Donovan admitted that the settlement agreement included a five-year, no-compete clause that prohibits him from coaching in the NBA. UF athletic director Jeremy Foley claimed that Donovan will soon sign a six-year contract that pays him $3.5 million annually. [JACKSONVILLE NEWS: COACH CONTRACT]
Published on Jun-9-07
In a negotiated settlement, Donovan admitted that the settlement agreement included a five-year, no-compete clause that prohibits him from coaching in the NBA. UF athletic director Jeremy Foley claimed that Donovan will soon sign a six-year contract that pays him $3.5 million annually. [JACKSONVILLE NEWS: COACH CONTRACT]
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