Learn the Memo: Wasserman Says He is Promoting Agency After Epstein Fallout

Casey Wasserman is promoting his high-profile sports activities advertising and marketing and expertise company after his correspondence with Ghislaine Maxwell surfaced within the Epstein recordsdata.

The leisure govt knowledgeable the Wasserman Group’s 4,000 staffers concerning the sale in a memo on Friday.

“At this second, I consider that I’ve turn out to be a distraction to these efforts,” he wrote. “That’s the reason I’ve begun the method of promoting the corporate, an effort that’s already underway.”

In January, the Justice Division started to launch greater than 3 million pages of paperwork associated to convicted intercourse offender Jeffrey Epstein, who died in jail in 2019 whereas awaiting trial on sex-trafficking costs.

The names of quite a few distinguished individuals, comparable to Invoice Gates and US Commerce Secretary Howard Lutnick, have proven up within the paperwork. Whereas showing within the recordsdata doesn’t imply an individual is related to Epstein’s crimes, some have nonetheless confronted a public fallout by affiliation.

In Wasserman’s case, the paperwork revealed that the leisure mogul flew on Epstein’s jet with a number of individuals, together with former US President Invoice Clinton. He additionally exchanged emails with Maxwell, who’s serving a 20-year jail sentence for intercourse trafficking women for Epstein. Wasserman’s emails with Maxwell had been dated 2003, lengthy earlier than police started to research Epstein and over a decade earlier than police arrested Maxwell.

Wasserman issued an apology following the revelations, however a backlash from his roster of high expertise had already begun. Singer Chappell Roan, Olympian Abby Wambach, and others stated they meant to depart his company over his affiliation with Epstein.

“It was years earlier than their prison conduct got here to gentle, and, in its entirety, consisted of 1 humanitarian journey to Africa and a handful of emails that I deeply remorse sending,” Wasserman wrote within the memo to workers on Friday. “And I am heartbroken that my temporary contact with them 23 years in the past has precipitated you, this firm, and its purchasers a lot hardship over the previous days and weeks.”

Learn the total memo Wasserman despatched to his workers:

Group:

I needed to write down to you all on to share a number of essential updates. Over the previous couple of weeks, I’ve spoken to a lot of you straight — and I want I might have spoken with each certainly one of you since you all have put your hearts and souls into this unimaginable group.

In the beginning, I wish to apologize to you. I am deeply sorry that my previous private errors have precipitated you a lot discomfort. It isn’t honest to you, and it isn’t honest to the purchasers and companions we symbolize so vigorously and care so deeply about.

The ache skilled by the victims of Jeffrey Epstein and Ghislaine Maxwell is unimaginable – and I am glad, as I am positive you all are, that those that helped them commit their crimes are rightly being held accountable.

Hopefully by now the information about my restricted interactions with these two people. It was years earlier than their prison conduct got here to gentle, and, in its entirety, consisted of 1 humanitarian journey to Africa and a handful of emails that I deeply remorse sending. And I am heartbroken that my temporary contact with them 23 years in the past has precipitated you, this firm, and its purchasers a lot hardship over the previous days and weeks.

Aside from my kids and my fiancée, there are two issues that matter most to me on this world: this firm that I based 24 years in the past, and the dream I’ve pursued for greater than a decade of bringing the Olympic Video games again to town I like.

This group, its management and your entire group imply the world to me. Our 4,000 workers are the best possible within the enterprise. I see you set all of it on the road on your purchasers day-after-day. Our purchasers anticipate — and deserve — world-class illustration. And that is precisely what they get due to all of you.

At this second, I consider that I’ve turn out to be a distraction to these efforts. That’s the reason I’ve begun the method of promoting the corporate, an effort that’s already underway. Throughout this time, Mike Watts will assume day-to-day management of the enterprise whereas I dedicate my full consideration to delivering Los Angeles an Olympic Video games in 2028 that’s worthy of this excellent metropolis.

I so admire the fervour and combat you deliver to your jobs. It is why you succeed.

I’m past happy with what this firm has achieved to this point and excited to look at its subsequent chapter.

All my greatest,

Casey