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What does ACT stand for?

ACT stands for Announced for Thunder

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OKLAHOMA CITY, April 30, 2015 – The Oklahoma City Thunder named Billy Donovan the team’s new head coach, it was announced today by Executive Vice President and General Manager Sam Presti. Per team policy, terms of the deal were not disclosed. Donovan becomes the third head coach in Thunder history after spending the past 19 years at the University of Florida where he led the Gators to two National Championships and four trips to the Final Four while amassing a record of 467-186 (.715).
Billy Donovan has stepped down as head coach of the Florida men’s basketball team to take the same position with the Oklahoma City Thunder, director of athletics Jeremy Foley announced on Thursday.