Report: Billy Donovan recently earned contract extension

Billy Donovan is in his 18th season coaching the Gators. (USATSI)

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A fourth consecutive trip to the second weekend of the NCAA Tournament has come on the heels of a new deal for Billy Donovan, according to Florida Today.

Per the report, terms of a new contract were agreed upon between Florida and Donovan "last summer," but the new deal didn't get done in full until February. The new contract goes through the 2018-19 season and is worth approximately $3.5 million per year.

The 48-year-old Florida coach won back-to-back titles in 2006 and 2007 and currently has the No. 1 overall seed Gators in the South region. Florida plays against No. 4 UCLA on Thursday at approximately 9:45 p.m. (See all tip times/channels here.)

At 34-2, the Gators ran the table in the SEC this season, going 18-0.

It's important to note that a clause in Donovan's old contract has now expired. Whereas Donovan nearly took the Orlando Magic job in 2007, a five-year non-compete clause was part of his deal at Florida. That is no longer in play. Donovan is a hot name for NBA jobs.

"I don't like coming out making bold predictions or statements. I would say I'm extremely happy with my life right now at the University of Florida," Donovan said last weekend.

CBS Sports Writer

Matt Norlander is a national award-winning senior writer who has been with CBS Sports since 2010. He's in his eighth season covering college basketball for CBS, and also covers the NBA Draft, the Olympics,... Full Bio

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