SAN DIEGO – A source has told Yahoo! Sports that former University of Southern California running back Reggie Bush has reached a settlement in a civil case brought by Lloyd Lake, one of the financiers of failed marketing agency New Era Sports & Entertainment. The settlement comes just days before Bush was expected to give a court-ordered deposition in the suit, centering on $300,000 in unpaid rent, cash and other benefits allegedly provided to the Heisman Trophy winner and his family while he was at USC.
The amount of Bush’s settlement with Lake is not known. When reached by Yahoo! Sports on Tuesday night, one of Lake’s attorneys, Paul Wong, declined comment. Messages left for Lake’s other attorney, Brian Watkins, were not returned.