Ummm, USC is about to get a little nervous....

[The Prowler]

Suit vs. Bush to proceed in court
Associated Press

SAN DIEGO -- Reggie Bush has lost his bid to go to confidential arbitration to settle a lawsuit filed by a fledgling sports marketer.

The state Court of Appeal on Monday upheld a lower court's order denying Bush's motion to compel arbitration with Lloyd Lake, meaning the case will proceed in court.

Lake's attorney, Brian Watkins, said it was Bush's last-ditch effort to keep the case out of the public eye.

Lake is suing Bush and his parents to recoup nearly $300,000 in cash and gifts they allegedly accepted during Bush's sophomore and junior seasons at University of Southern California. Lake and his partner, Michael Michaels, were trying to attract Bush as a client for the marketing firm, New Era.

http://sports.espn.go.com/los-angeles/ncf/news/story?id=4777630

This is what the NCAA has been waiting on, now that all of the information that they need is going to be coming out under oath...If you put this together with the basketball player and now the Joe McKnight situation.

Reggie Bush loses attempt to settle lawsuit via confidential arbitration
By Bernie Wilson (CP) – 12 hours ago
 

SAN DIEGO — Reggie Bush lost Monday in his bid to go to confidential arbitration to settle a lawsuit filed by a fledgling sports marketer.

The state Court of Appeal upheld a lower court's order denying Bush's motion to compel arbitration with Lloyd Lake, meaning the case will proceed in court. Lake is trying to recoup nearly US$300,000 in cash and gifts the star running back and his family allegedly accepted while he was playing at the University of Southern California.

"This was Reggie's last-ditch effort to keep this out of the public eye," said lawyer Brian Watkins, who is representing Lake. "Now it will be litigated in the public court and people will be able to see his wrongdoing."

Lake is accusing Bush and his parents of accepting the cash and gifts during Bush's sophomore and junior seasons at USC. Lake and his partner, Michael Michaels, were trying to attract Bush as a client for the marketing firm, New Era. Bush, now with the New Orleans Saints, did not sign with New Era.

The NCAA and Pac-10 are investigating whether Bush and his parents took improper benefits. Bush has not met with NCAA and Pac-10 investigators, and has repeatedly denied any wrongdoing.

If Bush is found retroactively ineligible, he could lose his Heisman Trophy.

If the NCAA determines that USC violated rules, the football program could have to forfeit victories from those seasons - when the Trojans won a national championship and lost in the BCS title game against Texas - and face additional penalties.

"Reggie Bush coaxed our client, Lloyd Lake, into giving him over $300,000 while he was still in college, and then didn't return any of the money," Watkins said.

A message was left seeking comment from an lawyer for Bush.

Michaels, who owned a San Diego-area house where Bush's parents allegedly lived rent-free, reached an out-of-court settlement with the family in April 2007. Lawyers for Bush argued that Lake was bound by the arbitration clause in Michaels' settlement agreement.

Watkins said he'll begin scheduling depositions with Bush, USC coach Pete Carroll, Michael Michaels and others. Watkins tried to take Bush's deposition in February 2008, but said the running back didn't show up.

[AuburnChopper 3.0]

Not even THIS will help what's about to happen if this all comes to light...





edit: your welcome

[The Prowler]

Not even THIS will help what's about to happen if this all comes to light...

LOL yeah, USC is going to need a lot more than that, again if this all comes to fruitition, not even this will help....

[Iwannaplay]

"Reggie Bush coaxed our client, Lloyd Lake, into giving him over $300,000 while he was still in college, and then didn't return any of the money," Watkins said.

What the hell is this guy doing with $300,000 laying around in the first place if he can be "coaxed" out of it by a college student?

[bottomfeeder]

Does this mean he'll have to give back his Heisman Trophy because he technically wasn't an amateur?

[AuburnChopper 3.0]

Does this mean he'll have to give back his Heisman Trophy because he technically wasn't an amateur?

Surely this opens up another Heisman to give to Julio, right?

[Jumbo]

Does this mean he'll have to give back his Heisman Trophy because he technically wasn't an amateur?

His Heisman and the Bcs Championship would both be vacated.

[wesfau2]

What the hell is this guy doing with $300,000 laying around in the first place if he can be "coaxed" out of it by a college student?

The guy and his partner were trying to start a sports management agency. Bush was to be their first marquee client.

[jadennis]

The Heisman thing would be completely up to the Heisman Trophy Trust who gives it out (formerly done by the Downtown Athletic Club).  

They have nothing to do with the NCAA, so it's not like the NCAA or USC can tell them they have to take it back and give it to someone else.  Would they?  Who knows...I mean, if you're Vince Young, would you want to have it given to you now?  By default?  I would think not.  

I could see them refusing to give it to someone for things discovered prior to the actual ceremony, but if they haven't taken OJ Simpson's back from him, I don't see them taking back Bush's now.

[bottomfeeder]

The Heisman thing would be completely up to the Heisman Trophy Trust who gives it out (formerly done by the Downtown Athletic Club).  

They have nothing to do with the NCAA, so it's not like the NCAA or USC can tell them they have to take it back and give it to someone else.  Would they?  Who knows...I mean, if you're Vince Young, would you want to have it given to you now?  By default?  I would think not.  

I could see them refusing to give it to someone for things discovered prior to the actual ceremony, but if they haven't taken OJ Simpson's back from him, I don't see them taking back Bush's now.

Yea, but did OJ have problems like this prior to the award?

[jadennis]

Yea, but did OJ have problems like this prior to the award?

He won in 1968 and some people think he may have been the Zodiac Killer of the early 60's. 

Seriously, I wasn't so much being serious with the comparison to OJ.  Really my main point was that his Heisman Trophy winner status will be up to the Heisman Trust, not any ruling by the NCAA or USC.

[Buzz Killington]

The guy and his partner were trying to start a sports management agency. Bush was to be their first marquee client.

Funny...I have heard a similar story coming from this state in recent years.