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Donovan has second thoughts about Magic job

Updated: June 4, 2007, 1:50 PM ET
By Andy Katz | ESPN.com

Billy Donovan informed the Magic and the University of Florida over the weekend that he had second thoughts about agreeing to be Orlando's head coach, and the NBA team was deciding on Monday whether to let him go.

Donovan signed a five-year, $27.5 million deal on Friday, multiple sources told ESPN.com on Sunday. If the Magic do let Donovan out of the deal, they have to decide whether to enforce a financial penalty. Both sides aren't talking publicly because there are legal issues involved ...

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