Team Unveils 11-Member Board for Sports Agency
The newly rebranded agency, formerly Wasserman, added an 11-member board after Providence Equity Partners acquired Casey Wasserman's stake.
Updated on Nov. 10, 2026 in People
The Team, the sports, music, and entertainment agency, unveiled an 11-member board to guide the company. The move follows Providence Equity Partners' acquisition of Casey Wasserman's 40% interest in the firm, which was rebranded in July.
Why it matters
The board reshuffle reflects a change in ownership and leadership structure for one of the country's prominent talent and representation firms. It signals how Providence Equity Partners intends to guide the agency's direction as Wasserman exits the company.
The board comprises 11 members, and Providence Equity Partners acquired Casey Wasserman's 40% interest in the firm. Providence had previously bought a majority stake in 2022, and additional external board members are expected in the coming months.
The players
Casey Wasserman
Casey Wasserman is a sports agent and executive who founded Wasserman Media Group and faced public pressure over his association with Ghislaine Maxwell.
Providence Equity Partners
Providence Equity Partners is a private equity firm that has invested heavily in media and entertainment companies.
Michael Watts
Michael Watts is the CEO of The Team, leading the agency's sports, music, and entertainment operations.
Jon Liebman
Jon Liebman is the chairman and CEO of Brillstein Entertainment Partners, a talent management company that operates under The Team banner.
The details
The Team unveiled its board in November, with each member continuing to serve in their leadership role within their business unit. Board members representing Providence Equity include Davis Noell, Greg Brown, Scott Marimow, and Ahana Maken, while Brillstein Entertainment Partners continues to operate autonomously under the Team banner.
Timeline
2002: Wasserman Media Group was founded by Casey Wasserman.
2022: Providence Equity Partners purchased a majority stake in Wasserman.
March 2026: The Team relaunch was unveiled.
July 2026: The agency was rebranded following the sale of Wasserman's stake.
November 2026: The 11-member board was unveiled.
Market Landscape
Providence Equity Partners' 2022 majority purchase and this year's acquisition of Wasserman's stake show private equity steadily consolidating control of major talent representation firms. The restructuring under The Team banner fits a broader industry pattern of investors reshaping agencies into diversified sports, music, and entertainment conglomerates.
For clients and talent working with The Team, the restructuring could affect representation decisions and contract terms as new governance takes shape. Industry professionals should watch whether additional external board members change how the agency operates.
The takeaway
Ownership changes at major talent agencies can reshape leadership, governance, and client relationships well beyond the transaction itself. Stakeholders should track board appointments and any shifts in business-unit autonomy as the restructuring unfolds.
Further reading
Explore more People coverage to see how talent agencies and their leadership are shaping the business landscape.
