The announced plan was the upfront was provided by the TMF from spare funds and the rest is being paid by the athletic department over the remaining buyout period (which aligns with end of the extension.)TAMU1990 said:
I thought the money for Jimbo's buyout has already been raised and I'm assuming sitting in investment accounts until needed. We have NIL to fund as well. It's about people being stretched thin.
The assumption at the time was they didn't want to impinge NIL funding/revenue share/new scholarship funding. I've heard no change in this plan and the George Strait concert and Brazil v Mexico were supposedly part of the athletic department effort to create novel revenue streams to pay the buyout.