A source close to the University of Kentucky athletic program told Fox 35 Sports that Billy Donovan will resign as Florida Gators' head basketball coach to take the same position at Kentucky.
The University of Kentucky has called a 4:30 p.m. press conference in which the school is expected to announce the firing of head basketball coach Billy Gillispie. Kentucky has reportedly waited until a replacement coach is in place before letting go of Gillispie, who spent two seasons in Lexington.
Donovan led the Gators to back-to-back NCAA men's basketball championships in 2006 and 2007. After the '07 championship, Donovan agreed to become the head coach of the Orlando Magic, but changed his mind a few days later and returned to Gainesville.
The Gators have not made the NCAA tournament in either of the past two seasons.