USC beat writer Scott Wolf adds a few details about the Pac-10's investigation of USC and any likely punishment for the Trojans.
1)As part of USC's investigation handed over to to the Pac-10, Bush told USC officials he was in the dark about who was behind his parents' lease:
Bush told USC officials he did not know his parents leased a house from a man who wanted to market him and guide him toward a sports agent, according to sources.
Bush gave USC his version of events because the university's faculty athletic representative, Noel Ragsdale, will provide details to the Pacific-10 Conference, which is going to investigate the matter
2)And the Pac-10 has said that if Bush were found ineligible, USC would forfeit its 2005 Pac-10 crown.
If the Pac-10 rules Bush ineligible, USC would forfeit its 2005 conference title, according to commissioner Tom Hansen. USC has never forfeited a game in 118 years of varsity football.
An investigation is likely to last a couple of months, sources said.
NCAA sanctions are yet unknown, but probably weeks to months away assuming their investigations uncover any violations.
Yes, folks, we still don't know. Bush's public proclamations aside, until documentation is provided to explain what financing occurred with the home, we're still at square one. The rest of these stories are just beating around the bush unless someone gets their hands on cancelled checks, tax papers, etc.