ProFootballTalk's rumor mill has this latest contribution:
From the perspective of the USC football program, the only question regarding the Reggie Bush rigmarole that really matters is whether anyone in a position of authority knew or should have known that Reggie or his family were receiving benefits from any prospective agent.
Based on information we've picked up from several sources, it is now obvious to us that multiple members of the USC team knew that something was going on with Reggie.
What that "something" is remains to be a matter of contention. Players knew about Bush's family living in a house that they didn't own. Players knew that Bush was involved, to some extent, with the New Era group
A smoking gun implicating USC, perhaps. Obviously the NCAA and the Pac-10 have to get some players to admit to 1)knowing about the allegations and 2)allege that the coaches also knew.
What this could do is trip up the argument that what happened was outside the view of USC coaches and administrators and finger USC for failing to report the possible Bush violation.
The truth, as always, rests with the Griffins and Mr. Michaels. If a violation occurred, and these new allegations can be proven and coupled with the violation, USC's in for a long summer.
If not---the Bush angle of the story will fall apart.
The PFT rumor will certainly be investigated by the NCAA and various newspapers and extend this story to the issue of USC and compliance, but the actual allegations of a violation will disappear.
My one concern is that PFT's rumor is anonymous and there will be tremendous difficulty for the NCAA in determining the "what did you know, when did you know it" aspect of whether or not USC coaches or administrators were aware of Bush's unusual home situation. I'm not sure what means they have to compel testimony from players and USC personnel since this is not a legal matter but an institutional matters as it stands right now.