Reggie Bush settles lawsuit with New Era partner Lloyd Lake

On the day before he was scheduled to give his deposition for alleged benefits received while at USC, former running back Reggie Bush settled his civil lawsuit.

Bush will pay an undisclosed sum to Lloyd Lake of New Era Sports & Entertainment, the plaintiff in the suit.

The settlement closes a four-year saga for Bush, who was accused of receiving $300,000 worth of benefits illegally during his time at USC.

The implications of his actions expanded to affect the whole USC athletic department, too. Currently, USC is waiting to hear from an NCAA committee on the results of a hearing about eigh weeks ago that investigated potential violations by the school with regard to Bush and former basketball player O.J. Mayo.

When it was announced that Bush was to be deposed, many suspected that the committee would wait until Bush spoke before releasing the sanctions. Now that he has come to a settlement agreement, the sanctions are likely forthcoming.

The settlement marks the second accord that Bush has been a part of with respect to his supposed violations. In April 2007, Bush paid between $200,000 and $300,000 to Michael Michaels, another New Era partner, to avoid trial.