Billy Donovan is an Indian Giver

So what are the Magic to do now? They went into the weekend thinking that they had just signed the top coaching prospect in basketball to a five year contract only to learn Sunday that he really was not interested in coaching them. Donovan informed the Magic that he had second thoughts and wants to pull out of his contract and head back to the University of Florida. Reports out of Orlando have the Magic letting Donovan out of his contract, but there will be financial ramifications for this. Upon signing Donovan on Thursday, the Magic sold over 200 season tickets. If they let him out of his contract, the PR department is going to have to figure out how to spin this to those new ticket holders. University of Florida had already had discussions with VCU coach Anthony Grant, but those talks were put on hold as soon as Donovan called to see if his old job was still available. Poor Mr Grant thought he had locked up one of the top positions in College Sports, but it looks like if this plays out how we think, Grant will stay at VCU, Donovan will head back to UF, and the Magic will be searching for a new head coach again for the 2nd time in less than a week.