Florida announced Friday that Billy Donovan has signed a three-year extension that places him under contract with the school through the 2015-16 season.

"Billy Donovan has built one of the elite programs in the country at the University of Florida, he and his family have given 16 incredible years to this institution and community," said Florida athletics director Jeremy Foley. "His accomplishments speak for themselves. ... We’re thrilled that he will continue to lead our program for years to come."