Billy Donovan pay raise likely with jump from NBA to North Carolina
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Billy Donovan pay raise likely with jump from NBA to North Carolina originally appeared on The Sporting News. Add The Sporting News as a Preferred Source by clicking here.
With Arizona's Tommy Lloyd and Michigan's Dusty May out of consideration for the opening at North Carolina, Tar Heels officials are not scrambling to find the next men's basketball coach. There have been a few names to surface from the college ranks, but one NBA name hasn't gone away.
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Chicago Bulls coach Billy Donovan has been linked to being a strong replacement for Hubert Davis in Chapel Hill. And it sounds like UNC is preparing to make a push to close the deal.
"North Carolina is now solely focusing its efforts on Billy Donovan," Field of 68's Jeff Goodman said on Sunday night. "They're going to go hard after him, per sources. They expect to know more in the next 24 hours."
At first, Lloyd was said to be a possible top target for UNC. He signed a lucrative extension to stay in Arizona and turned down more money in the process.
According to CBS Sports' Matt Norlander, "UNC offered Tommy Lloyd a top-two contract in CBB. Lloyd took less to stay, but will still bump up to $7.2 million starting next season. Staff pool also will get a huge bump + incentives brought back to their contract structures. He'll also no longer report to the AD."
With the report out about what UNC is willing to offer, the presumption is Donovan could receive an offer above $8 million per year, which is what Arkansas' John Calipari is at as the second highest-paid coach in college basketball, according to USA TODAY Sports.
If this becomes reality, the sum would give Donovan a pay bump from the reported $6 million per year he's currently making in Chicago. This gives UNC weight in the situation to possibly land a championship-level coach and bring him back to college in the NIL era.
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