Reports Say Donovan Almost Out, Van Gundy Almost In For Magic

ORLANDO, Fla. (AP) _ The Orlando Magic are close to resolving their coaching fiasco by agreeing to a deal to dismiss Billy Donovan and hire Stan Van Gundy. <br/><br/>That's according to multiple reports.

Wednesday, June 6th 2007, 7:35 am

By: News On 6

ORLANDO, Fla. (AP) _ The Orlando Magic are close to resolving their coaching fiasco by agreeing to a deal to dismiss Billy Donovan and hire Stan Van Gundy.

That's according to multiple reports.

ESPN.com reports Donovan and the team were close to finalizing an agreement for his departure. Terms would prevent Donovan from coaching in the NBA for five years, sources told the outlet.

The Orlando Sentinel is reporting the Magic offered a contract to Van Gundy, a former Heat coach and current adviser to Pat Riley in Miami.

Donovan stunned the hoops world by agreeing to a five-year, $27.5 million deal last Thursday. After a press conference on Friday, and a day later told the club he wanted out of the deal.