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Archive for Saturday, December 17, 2011

Florida’s Billy Donovan signs three-year extension

December 17, 2011

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— Florida coach Billy Donovan has signed a three-year contract extension that should keep him in Gainesville through the 2015-16 season.

Donovan agreed to the extension in October, adding to the six-year deal he signed in 2007 that pays him $3.5 million annually.

Donovan has led the Gators to two national titles, three Final Four appearances and 11 NCAA Tournament berths in 15 seasons.

His career record is 402-169, including 367-149 at Florida.

Donovan’s base salary will be $220,000 from 2014-17, plus nearly $2.7 million coming from an activities agreement that includes television and radio programs/sponsorships, and basketball camps.

His incentives include $50,000 for a Southeastern Conference regular-season title, $37,500 for making the NCAA Tournament and $50,000 for a top-10 finish in the AP poll.

He also has graduation incentives.

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