It’s rare these days to see the name Michael Ovitz headlining an entertainment news “Exclusive,” especially one that has nothing to do with a valuable painting or expansive piece of property. But there he is today, in a firecracker piece on TheWrap co-authored by Sharon Waxman and Brent Lang.

According to the article, IMG Worldwide board member Ovitz has been aiming to take over the company while chairman and CEO Ted Forstmann (pictured) battled brain cancer. The firm represents Tiger Woods, Roger Federer and many other sports world A-listers. An IMG board conference call reportedly scheduled for today was set to address the idea of “ousting” Ovitz:

According to another insider, board members Jerry Perenchio and Irving Azoffrespectively the ex-CEO of Telemundo and executive chairman of LiveNation –are leading the charge to get Ovitz booted…

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