An attorney for Reggie Bush filed a motion acknowledging that the New Orleans Saints running back’s family reached a financial settlement with a financier of a would-be marketing agency that attempted to recruit Bush while he was at Southern California, Yahoo! reported.

The settlement with Michael Michaels of now defunct New Era Sports & Entertainment reportedly was for $300,000.

The motion to settle the case was revealed during what was scheduled to be a deposition of New Era partner Lloyd Lake. Lake has filed a civil lawsuit against Bush and his family seeking $300,000 for cash and gifts Lake said he provided while Bush played for the Trojans.

Bush’s attorney David Cornwell said the motion was to compel Lake to adhere to the terms of the settlement reached between Michaels and Bush’s parents — LaMar and Denise Griffin. Cornwell said the settlement with Michaels included Bush as an “intended beneficiary” of Michaels.

“They’re conceding that they received this money,” Lake’s attorney Brian Watkins said. “But now their argument is that: ‘We got this money, but we paid it back already. We paid it to Michaels and that satisfied Lloyd’s debts.”

An NCAA investigation into the actions of Bush and USC continues. 

More news

AP

Slain UConn CB's family wants $5M

CFT: Stabbed to death following an altercation at a school-sponsored dance in October 2009, Jasper Howard‘s parents are seeking significant financial compensation for the parties they believe are at least partly responsible.

CFT: Ex-PSU prez wants to see Sandusky emails

  

Headlines

• Label

Sandusky charity to shut down, transfer programs

CFT: Tennessee TE booted following felony arrest

CFT: Potential Cal starter kicked off team

Friends, fans mourn loss of Stewart

CFT: Ohio St. 'not facing any major ... violations'

CFT: Pitt FB suffers stroke, career likely over

CFT: Notre Dame AD expects to be at playoff table

Judge refuses to delay Sandusky's trial