AD: Report on contract for Donovan 'not true'

By Lindsay Jones
Palm Beach Post Staff Writer
Saturday, May 19, 2007

GAINESVILLE — Florida Athletic Director Jeremy Foley on Friday called a report published on ESPN.com about a new contract for basketball coach Billy Donovan "not true."
Foley said he and Donovan still are in negotiations and that no contract has been completed.
Once Donovan and Foley agree to terms, a contract must be approved by the University's compensation committee and President Bernie Machen.
"None of that is done yet," Foley said.
Foley said neither he nor Donovan has a specific timetable for finishing the coach's new contract. Foley did not want to discuss the particulars of the ESPN.com report but said the story as a whole was "not accurate." Foley said he and Donovan briefly discussed the report Friday morning.
The report published Thursday cited unnamed sources and said Donovan was close to signing a seven-year deal worth an average of $3.5 million a year guaranteed.

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