India, Oct. 28 -- Ever since news about LSU parting ways with head coach Brian Kelly broke, rumors have been surfacing about what is next for the Tigers, and who is paying the money to make it happen. A WDSU report revealed that LSU Board of Supervisors Chairman Scott Ballard has confirmed that the buyout for Kelly's contract will come from self-generated athletic funds and private donors, but not state education money.

The outlet reported that according to insiders, a major private donor is covering the bulk of the buyout. The identity of the donor, however, has not been made public.

While the donor has not been identified, fans have speculated that some familiar names tied to LSU athletics may be involved. Among those whose names have...