Monday , Jun , 04 , 2007 Oly Sandor

Breaking News: Billy Donovan Leaving Orlando Magic, Returning to Florida Gators

Billy Donovan is apparently out as coach of the Orlando Magic … The U of Florida sideline boss had second thoughts on his decision to join Orlando over the weekend and wants to return to college hoops … Click here for this story …

The Orlando Sentinel is reporting that the will let coach Billy Donovan out of his 27.5 million dollar contract, so he can return to the University of Florida.

Donovan, who signed a contract to coach the Magic on Friday, began having second thoughts about his decision to leave college basketball over the weekend.

Orlando Magic GM Otis Smith spent the weekend trying to convince Donovan to honor his commitment. Magic president Bob Vander Weide also met with Donovan and encouraged him to come to the NBA.

On Monday morning, the Orlando Magic released a statement regarding this issue:

"While Central Florida, the Orlando Magic and Billy were energized with the announcement of his contract signing on Friday, we know there was a different feeling in Gainesville and people have been tugging at him since that time. Billy is conflicted with those emotions and the opportunity he has ahead in Orlando and in the NBA. We’ve had numerous conversations and a personal visit in Gainesville with Billy over the last 48 hours and we have a commitment from him that the dialogue between us will continue."

Both Donovan and Orlando are taking Monday to think over their decision. It’s not clear whether the Magic will ask for financial compensation from the Gators and Donovan.

Come back to hoopsvibe for more on this story.

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