Casey Wasserman Sells Talent Agency, Remains on L.A. Olympic Committee

Casey Wasserman Sells Talent Agency, Remains on L.A. Olympic Committee

Casey Wasserman, a significant figure in the sports and entertainment industry, is in the process of selling his talent agency. This decision comes amid controversy following the release of documents linked to Jeffrey Epstein and Ghislaine Maxwell. Wasserman acknowledged that his past interactions with them have created challenges for his agency and its staff.

Impact of Recent Controversies

Wasserman expressed his regret in a memo to employees. He stated he was “heartbroken” that his brief contact with Epstein and Maxwell, occurring over 20 years ago, had caused distress to the agency and its clients. In his message, he apologized for the hardships caused by his past actions.

Amidst this turmoil, several artists and athletes have distanced themselves from the Wasserman agency. Notably, former U.S. soccer star Abby Wambach announced her departure. In her Instagram post, Wambach asserted she would not remain under Wasserman’s leadership, calling for his resignation to prevent further discomfort for others.

Leadership Changes

Wasserman informed his staff that Mike Watts, a long-time executive at the agency, would take over daily operations as he transitions toward selling the firm. The agency, established over two decades ago, employs around 4,000 people and has built a solid reputation through strategic acquisitions.

Ongoing Role with LA28 Olympic Committee

Despite the agency’s challenges, Wasserman plans to maintain his position as the leader of the LA28 Olympic Committee. This organization has publicly supported him, highlighting that his communications with Maxwell occurred after a humanitarian mission in Africa, long before the crimes committed by Epstein and Maxwell were known to the public.

According to LA28, the Executive Committee has determined that Wasserman’s strong leadership over the past decade merits his continued role leading the Olympic committee. They emphasized that his single interaction with Epstein and the context surrounding it does not warrant his removal.

Personal Reflections and Regrets

Wasserman has expressed deep regret over his past correspondence with Maxwell. He clarified that he never had a personal or business relationship with Epstein, emphasizing his humanitarian involvement with the Clinton Foundation on a trip that involved Epstein’s private plane.

In his statement, Wasserman reiterated his remorse for any association with either Epstein or Maxwell, reflecting on how these connections have impacted his work and the individuals associated with his agency.

  • Wasserman’s talent agency plans to sell amid turmoil.
  • Abby Wambach and others have left the agency.
  • Mike Watts will assume day-to-day management.
  • Wasserman continues leadership of the LA28 Olympic Committee.

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