The Tennessee Titans quarterback, who finished second in the Heisman voting to Bush, declined to comment on the situation, saying he really doesn't know what's going on.
And Young also sidestepped the question of what if the Heisman were offered to him, offering only a "no comment."
Yahoo! Sports reported Tuesday the Heisman Trophy Trust would strip Bush of the award by the end of the month, but the executive director said that no decision had been made yet.
Young led Texas to a title over Bush's Southern California Trojans in the 2006 BCS national championship.