Casey Wasserman will sell his talent agency, stay on LA28 Olympic Committee

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Casey Wasserman, the embattled sports and entertainment mogul who is the face of the Los Angeles 2028 Olympics, is preparing to sell his talent agency.In a memo to his staff Friday, Wasserman acknowledged his appearance in a recently released batch of documents related to the late sex trafficker Jeffrey Epstein and his companion, Ghislaine Maxwell, had “become a distraction.” In his memo, which was reviewed by The Times, Wasserman said he was “heartbroken that my brief contact with them 23 years ago has caused you, this company, and its clients so much hardship over the past days and weeks.” Representatives for Wasserman did not immediately return for requests for comment.

“I’m deeply sorry that my past personal mistakes have caused you so much discomfort,” Wasserman wrote to his staff.“It’s not fair to you, and it’s not fair to the clients and partners we represent so vigorously and care so deeply about.” Music Casey Wasserman faces calls from staff and artists to step down following his appearance in the Epstein files.

He has not commented on the chaos within his company, but industry insiders think a music spin-off is likely.Over the last two weeks, artists including Chappell Roan and athletes such as soccer star Abby Wambach announced they would leave Wasserman’s eponymous Los Angeles-based talent agency that he founded more than two decades ago.“I know what I know, and I am following my gut and my values,” Wambach wrote on Instagram.“I will not participate in any business arrangement under his leadership…He should leave, so more people like me don’t have to.”Wasserman told his staff that Mike Watts, a longtime company executive, would assume day-to-day management of the firm while he begins the process of selling it.

The Wall Street Journal first reported Wasserman’s staff memo.Wasserman’s grandfather, Lew Wasserman, was a H...