USC: Michael Michaels

Report: Lawsuit against Bush settled

April, 21, 2010
4/21/10
12:41
AM PT
Lawyers for former Trojans running back Reggie Bush and would-be sports marketer Lloyd Lake reached a settlement late Tuesday in a civil case brought by Lake focusing on $300,000 worth in cash and goods allegedly provided to the former USC star, Yahoo! Sports reported.

The deal comes just three days before Bush had been ordered to give a deposition in a San Diego court, meaning NCAA investigators will never see Bush's statement on the case. It also appears the last obstacle has been removed on the path to a decision from the NCAA on the USC athletic investigation.

Lake had originally been scheduled to give a deposition Monday, but postponements that day and Tuesday led to speculation a settlement was on its way. Bush's lawyers have now reached settlements with both Lake and Michael Michaels, the financial backer behind the New Era Sports & Entertainment venture.

The amount of the Bush-Lake settlement has not been released. Reports had the Bush-Michaels settlement, announced in April 2007, at between $200,000 and $300,000.

If the NCAA rules Bush did receive against-the-rules benefits during his time at USC, he could lose his Heisman Trophy from the 2005 season — and USC could also lose its national championship from the 2004 season.

The NCAA Committee on Infractions typically takes six to eight weeks to rule on a case; the committee met with USC the weekend of Feb. 19. Monday marked eight weeks since the Tempe, Ariz. meeting ended.

Report: Reggie Bush to give deposition next week, NCAA requests copy

April, 15, 2010
4/15/10
1:25
AM PT
Former USC running back Reggie Bush will submit a deposition to investigators April 23 in the next step of a scandal that has left the Trojan program facing NCAA sanctions at least in part due to charges that Bush received nearly $300,000 worth of cash and gifts from a sports marketer during his time at USC.

Earlier this week, San Diego County Superior Court Judge Steven R. Denton ordered Bush to give the out-of-court deposition in the case. Wednesday, the O.C. Register reported that the NCAA asked attorneys for a copy of the the statement, made under oath. It will be Bush's first comments on the situation made under oath.

The news comes from attorney Brian Watkins, who represents Lloyd Lake, the would-be marketer who allegedly provided the cash and goods while Bush played for USC in 2004 and 2005.

The big takeaway from this is simply that the ongoing NCAA investigation concerning the USC athletic program and a supposed lack of control is — well — still ongoing. NCAA investigators have also requested a copy of the deposition from the marketing agent associated with Bush in the case, Michael Michaels.

According to Watkins, Michaels had previously been blocked from issuing a deposition due to a confidentiality agreement he signed in a settlement with Bush, in which he reportedly received between $200,000 and $300,000.

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