# Casey Wasserman’s Exit Plan: New Owner of The Team May Be Same As Its Last One

- URL: https://talkfuse.com/story/casey-wassermans-exit-plan-new-owner-of-the-team-may-be-same-as-its-last-one/
- Published: 2026-07-24T10:03:37+00:00
- Updated: 2026-07-24T11:18:58+00:00
- Original publisher: The Hollywood Reporter
- Original article: https://www.hollywoodreporter.com/business/business-news/casey-wasserman-exit-plan-team-1236655750/
- Topics: Art, Business, Culture, Markets

## Key points

- Providence may buy Casey Wasserman’s remaining stake in The Team.
- The sale follows controversy and artist departures.
- Existing investor ownership would largely remain unchanged.

## Summary

Casey Wasserman is reportedly in talks to sell his remaining stake in talent and sports representation company The Team to Providence Equity Partners, its existing private-equity backer. The potential deal would remove the founder after a troubled period for the business, while leaving ownership effectively with the same strategic investor that has supported its recent growth.

Providence bought a major stake in the company in November 2022 and later backed its acquisition of Brillstein Entertainment; an auction run by Moelis & Co attracted interest from UTA, Patrick Whitesell’s WIN and others. Pressure for a sale followed renewed scrutiny over Wasserman’s past correspondence with Ghislaine Maxwell and a 2002 flight on Jeffrey Epstein’s jet, prompting more than 20 artists to leave in February; Wasserman apologised and said he had no personal or business relationship with Epstein. The firm rebranded from Wasserman to The Team in March, and its sports division generated $266 million in revenue.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.