Wasserman Media Group Acquires Arn Tellem's Prominent Baseball and Basketball Athlete Representation Business

Deal Brings Elite Athletes Together With WMG's Category Leading Management,

Marketing and Content Businesses

Jan 27, 2006, 00:00 ET from Wasserman Media Group

    LOS ANGELES, Jan. 27 /PRNewswire/ -- Through an acquisition that unites
 two industry powerhouses, Wasserman Media Group has added Arn Tellem's athlete
 management business to its portfolio of sports and media properties.  Tellem
 will bring his clients and agency staff to WMG, and will become President, WMG
 Management, as well as a member of the company's newly-formed executive
 committee.  With Tellem's clients, WMG Management will collectively represent
 the industry's top baseball, basketball and action sports athletes.  The
 announcement was made today by Casey Wasserman, Chairman and CEO, Wasserman
 Media Group.
     "Arn is one of the most respected leaders in the sports industry and I am
 excited to have him as part of WMG.  We remain committed to attracting and
 cultivating the most talented and accomplished individuals, and Arn and his
 team represent the best of those qualities," said Wasserman.
     "There were a lot of interesting partnership opportunities for our sports
 agency, but it was clear from the very beginning that Casey was who I wanted
 to be with most," said Tellem.  "In Casey, we found someone who shares common
 values and our goal of building a worldwide sports company that is a leader in
 its field.  The new arrangement is going to allow us to better service our
 clients because of the very strong marketing and media content businesses that
 WMG already has in place.  I am very happy that our most valuable and trusted
 agents are coming over to WMG and I am looking forward to working with Casey
 to aggressively grow the business and turn WMG into a sports and entertainment
     Tellem has been representing professional baseball and basketball players
 for two decades and is recognized globally as one of the most successful
 dealmakers in sports.  During his career as a certified player agent, he has
 negotiated some of the biggest contracts in NBA and MLB history.  Tellem and
 his team of agents including Bob Myers, Joel Wolfe, Thad Foucher and Jeff
 Wernick, currently represent major league baseball players including Jason
 Giambi, Hideki Matsui, Nomar Garciaparra, Chase Utley and Barry Zito; and NBA
 stars including Tracy McGrady, Jermaine O'Neal and Pau Gasol.
     The acquisition builds on WMG's strategy to focus on developing high
 quality sports and media properties in the management, marketing and content
 categories on a global basis.
     Prior to joining WMG, Tellem served as Chief Executive Officer, SFX Sports
     In his role as President, WMG Management, Tellem will oversee his baseball
 and basketball clients, and the company's existing action sports roster, which
 will continue to be managed by Steve Astephen, EVP, WMG Management and
 President, Action Sports.  Tellem will also work closely with Casey Wasserman
 to identify and execute business strategies that drive expansion.  Wasserman
 Media Group's other divisions are headed by Jeff Knapple, President, WMG
 Marketing; Eli Lande, President, WMG Events and Luke McDonough, President,
     About Wasserman Media Group
     Wasserman Media Group, LLC (www.wmgllc.com) is a leading sports and
 entertainment management, marketing and content company, and its divisions
 collectively represent some of the industries' most recognized athletes and
 brands.  The management business handles top basketball, baseball, and action
 sports talent including Jason Giambi, Tracy McGrady and Hideki Matsui among
 others.  WMG Marketing is the preeminent naming rights agency for popular
 sports and entertainment destinations, and connects properties and brands
 through corporate sponsorships and marketing programs.  WMG Content recently
 launched Studio411, the largest action sports studio with comprehensive mass
 market and specialty retail distribution.  Wasserman Media Group is also the
 holding company for the Los Angeles Avengers of the Arena Football League.
 WMG has offices in Los Angeles, New York, London, Carlsbad and Charlotte.

SOURCE Wasserman Media Group