How does the process of securing funding for contracts/buyouts work?

Rich Boosters=Fed Up

Rich Boosters open check book

Woody makes the calls to the boosters, been in the works since UCLA

Yup...just like Aubbie did with Gus. Called Tim Cook, write a check, it's done. Same here. Maybe not one guy like Cook but there's enough big money.

There are some funds budgeted for this, the rest come from the boosters. Either the boosters call in saying they are done donating, or someone from the ADs office calls them saying they want to raise the remaining buyout funds. Probably a larger group of people than we think contribute to it.

Would you call the same boosters who were dumb enough to pony up the funds for O's recent raise and extension?

it isn't exactly monopoly money but I imagine securing these funds is not as hard as ppl assume. The money is payable over the length of the contract unless specifically stated like with Kevin Sumlin @ Texas A&M.

The core group that will fund the contract settlement probably pledged their contributions on the morning after the UCLA game.

I'm guessing Richard Lipsey figured out what his percentage would be and then he called a few friends, who called a few friends, etc. If they spread the damage, raising $20 million could be done quickly and painlessly.

Orgeron's buyout is going to go on some people's 2022 tax returns as "Hurricane Ida damage."