Billy Donovan will be Oklahoma City Thunder’s next coach, leaving Florida

(Charlie Neibergall/AP)

UPDATE 2:36 P.M.

The Thunder has made it official.

Thunder make it official, announce hiring of Billy Donovan as head coach.

Statement from Sam Presti: pic.twitter.com/zXQWQdRMcf

— Howard Beck (@HowardBeck) April 30, 2015

Donovan also has released a statement:

Billy Donovan's statement via OKC. Thanks #Gators and Jeremy Foley pic.twitter.com/r0urdELt2X

— Landon Watnick (@LandonWatnick) April 30, 2015

ORIGINAL POST

Florida’s Billy Donovan will become the new coach of the Oklahoma City Thunder after a deal reportedly was reached Thursday afternoon.

BREAKING: AP source: Florida's Billy Donovan agrees to coach NBA's Oklahoma City Thunder #NBA

— AP Sports (@AP_Sports) April 30, 2015

Billy Donovan is the new Thunder coach. He had more 20-win seasons at Florida than every other FLA coach combined. pic.twitter.com/oyR7JJgmJu

— ESPN Stats & Info (@ESPNStatsInfo) April 30, 2015

Yahoo Sources: Oklahoma City reaches agreement on a five-year deal to hire Billy Donovan as coach. http://t.co/WWPDIxjjq2

— Adrian Wojnarowski (@wojespn) April 30, 2015

Yahoo Sports’s Adrian Wojnarowski and Pat Forde reported the Thunder inked a five-year deal with Donovan, 49, who emerged on Wednesday as the top candidate for the position.

Donovan, who coached Florida to two national championships, replaces Scott Brooks, who the team fired last week.

Per NewsOK.com:

[T]he Thunder is betting on Donovan fitting in with the team’s culture and, more importantly, building on that culture and pushing the franchise to an elusive first championship.

It’s a substantial gamble for a franchise that faces an uncertain future with (Kevin) Durant, who will be highly sought after as an unrestricted free agent at the end of next season. (Russell) Westbrook and (Serge) Ibaka will be unrestricted free agents a year later, in July 2017.

This post will be updated with more information.