Reggie Bush will provide a sworn deposition Feb. 25 as the investigation into his relationship with a failed sports marketing company continues, ESPN reported Tuesday.

"The truth is going to come out," said Brian Watkins, attorney for Lloyd Lake.

The Los Angeles Times is reporting that Bush must answer questions relating to allegations that he and his family received cash and gifts while he was a student-athlete at Southern California.

A transcript of Bush's statements could then be reviewed by the NCAA, which could impose sanctions on USC if it deems that Bush received improper benefits. The Heisman Trust could also strip Bush of his 2005 Heisman Trophy.

According to the Times, attorney Brian Watkins said his client, Lloyd Lake, identified as a general partner in the New Era Sports & Entertainment agency, is to give a deposition on February 12.

Watkins added that Bush could be called to provide testimony “at the conclusion of Lloyd's, probably the next day.”

He said that Bush has not agreed to provide testimony but could face sanctions - including fines - if he fails to show.

”I'm going to ask him about everything: His involvement in this company, why he reneged (as a client), why he refuses to pay back the money for his parents' housing, the hotel rooms, the cash, the helicopter ride Lloyd gave his family in San Diego,” Watkins told the paper.

New Era Sports & Entertainment was founded by Lake and San Diego businessman Michael Michaels.

Bush allegedly received nearly $300,000 in cash, rent and gifts by the company, as Lake and Michaels believed he would sign with them when he turned pro.

But New Era lost Bush when he signed with agent Joel Segal and marketing agent Mike Ornstein in January 2006. Three months later, Yahoo Sports first revealed allegations that Bush and his family received extra benefits.

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A newly-published book on the affair, “Tarnished Heisman,” includes transcripts of recorded conversations in which Bush appears to acknowledge owing money to New Era.

Bush and USC could face penalties from the NCAA and Pac-10 Conference, which are conducting ongoing investigations into reports of extra benefits. In jeopardy could be USC's national title in 2004 and Bush's Heisman Trophy the following season.

The second overall selection in the 2006 NFL draft, Bush enjoyed a phenomenal rookie season, helping the Saints reach the NFC championship game for the first time in team history.

However, he struggled through a somewhat disappointing second season with the Saints, rushing for 581 yards and four touchdowns while hauling in 73 receptions for 417 yards and two scores.

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