Corporate Governance and Reputation

The Los Angeles sports and marketing agency founded by Casey Wasserman has quietly dropped his name and rebranded itself as “The Team,” redirecting its website and unveiling a new logo on Monday as it seeks a buyer and tries to contain damage from Wasserman’s links in recently released Jeffrey Epstein files. The brief online statement announcing the change made no mention of Wasserman, 51, a major Democratic donor and chair of the LA28 Olympic organizing committee, who said on Feb. 13 he would sell the firm and step back from business interests after DOJ disclosures of 2003 emails he sent to Ghislaine Maxwell prompted more than two dozen clients to denounce him or leave. Despite his pledge to focus on the 2028 Games, Los Angeles Mayor Karen Bass has publicly urged him to resign as LA28 chair, and the City Council last week postponed a vote on a resolution questioning whether his continued leadership is compatible with Olympic values and calling for a morals clause for organizers. The rebrand underscores how the DOJ’s Epstein document releases are still triggering concrete corporate and political consequences for high-profile figures, even where no new crimes are alleged, and it raises fresh questions about whether public pressure will ultimately force a shake-up in LA’s Olympic leadership.