7 things to know about Bulls coach Billy Donovan, including his brief stint on Wall Street and close ties to Rick Pitino

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CHICAGO — In his statement announcing Billy Donovan as the 21st head coach in Chicago Bulls history, vice president of basketball operations Arturas Karnisovas emphasized the success Donovan enjoyed throughout his basketball career.

From his Final Four appearance as a player at Providence, brief but successful coaching stop at Marshall, pair of national championships and decades of dominance at Florida and five consecutive playoff appearances with the Oklahoma City Thunder, the new Bulls coach has a long track record of winning.

“Whether as a player or as a coach, he has won everywhere his career has taken him,” Karnisovas said. “We hope that will continue here in Chicago.”

The Bulls, who had not hired a coach with previous NBA head coaching experience since 2003, now bring in a man with a resume as lengthy and impressive as any in the field. Here are seven things to know about the Bulls’ new head coach:

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1. He was starting point guard during Providence’s 1987 Final Four run.

Donovan grew up on Long Island, N.Y., where basketball became a part of his daily life at an early age. His father, Bill Sr., played four years at Boston College and coached his son’s teams through elementary school.

In high school, Donovan earned first team All Long-Island honors in both his junior and senior year and led Long Island Catholic High School to a state championship as a senior. That earned him a scholarship to play college basketball at Providence. He played four seasons there but exceled once Rick Pitino became the head coach during his junior year.

In his senior year in 1987, Donovan averaged 20.6 points per game and was named All-Big East first team, honorable mention All-American and Southeast Regional most outstanding player all while leading the Friars to the Final Four.

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2. He briefly played in the NBA.

Donovan’s successful college career earned him an abbreviated stint in the NBA. He was drafted in the third round by the Jazz in 1987, but was waived before the season started.

He found a home with his hometown team, the New York Knicks and a familiar face in Pitino, who had left Providence after the Final Four run to coach New York. Donovan appeared in 44 games off the bench, but his impact was unremarkable, averaging 2.4 points and 2.0 assists per game. But he had formed a strong relationship with Pitino, which has still carried over today.

“He’s probably — of all the players I’ve coached, of all the people that have worked with me — Billy Donovan or Frank Vogel are the two most selfless individuals I’ve been around,” Pitino said during an interview Wednesday on 670 The Score. “It’s never — and I mean never — not even 1% about them. It’s always about the players and the team. So I think he’s a perfect fit for the modern NBA basketball player.”

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3. He spent time as a stock broker on Wall Street.

After a season with the Knicks and bouncing around a few CBA teams, Donovan left basketball and started on a different career path — at an investment banking firm on Wall Street. And he hated it.

Donovan estimated he lasted only about five months before he linked back up with Pitino, who was headed to Kentucky to take its coaching job.

Pitino offered him a job as a graduate assistant, and Donovan eventually rose to top assistant during the team’s Final Four run in 1993 and had a hand in recruiting the roster that won the 1996 national championship in 1996. But Donovan had earned a shot at leading his own team before the title team.

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4. He helped turn Marshall around in only two years.

In 1994, Donovan became the youngest head coach in Division I basketball at 28 years old.

His impact on the program was instant. The year before Donovan arrived, Marshall’s basketball team finished 9-18. In his first season as their head coach, they flipped that record to finish 18-9 for their highest win total in seven years. Donovan spent only two years with the Thundering Herd, but he won at an impressive rate, going 35-20 (.636) and earning a career-defining job at Florida.

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5. He transformed Florida into a national powerhouse.

Few coaches in the history of college basketball have had as much success as Donovan enjoyed during his 19-year run at Florida.

He arrived to a football school and transformed its basketball program into a national power, winning 467 games for a .715 winning percentage, making the Final Four four times and winning back-to-back national championships in 2006 and 2007. No men’s basketball program had won consecutive titles since Duke in 1991 and ’92. Donovan won at least 20 games in 16 consecutive seasons and won 30 games three times. Including his time at Marshall, he became the second-youngest coach in NCAA history to win 500 games.

“Coach Donovan is somebody who is going to hold his players accountable and is somebody who can relate to his players while keeping a relationship with the guys,” former Bulls center Joakim Noah, who played for Donovan on those back-to-back national championship teams, told NBC Sports Chicago this week.

“That’s a tough balance. But he’s proven he’s been able to do it time and time again. He’s somebody that I really respect. And I couldn’t be happier for the Chicago Bulls to have such a great coach. What a big hire.”

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6. He almost jumped to the NBA with the Magic in 2007.

As his profile continued to rise at Florida, the chance to coach in the NBA became more tempting for Donovan.

He was nearly lured away from the college game in 2007 after he agreed to become the Magic’s new head coach and signed a five-year, $27.5 million contract. A few days later, however, Donovan began feeling second thoughts and asked out of his contract. Orlando agreed to release him from the deal. He was free to return to Florida as long as he agreed not to coach in the NBA for five years.

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7. He won a lot of regular-season games with the Thunder.

Donovan eventually moved on to the NBA in 2015 when he was named Thunder coach. In five seasons in Oklahoma City, he racked up wins at an impressive rate.

Donovan’s .608 winning percentage is the 16th-best mark in NBA history (minimum 100 games), and among active coaches he trails only Toronto’s Nick Nurse (.721), Golden State’s Steve Kerr (.709) and San Antonio’s Greg Popovich (.675). It’s why he was arguably the best candidate available on the coaching market. Coaches with such a history of success do not usually become available. After guiding an overachieving Thunder squad to the playoffs this past season, he was named the 2019-20 co-recipient of the Coach of the Year award — along with Bucks coach Mike Budenholzer — by his peers in the National Basketball Coaches Association.

The rosters Donovan coached in Oklahoma City changed over the years, but always came with some star power, including Kevin Durant in his first season, Russell Westbrook during his best seasons and Chris Paul this year. Currently, the Bulls do not have a player with as much talent as Donovan coached throughout his NBA career, but his resume is filled with stops where he has gotten more with less.

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