Los Angeles Mayor Karen Bass and LA28 chief Casey Wasserman detailed their early planning for the 2028 Summer Olympic Games during a panel held Tuesday as part of the CNBC x Boardroom: Game Plan conference in Santa Monica.

Wasserman faced an uncomfortable few minutes toward the end of the session when moderator Andrew Ross Sorkin pressed him on a report in August published by the U.K. tabloid Daily Mail that accused him of being a “serial cheater” who had numerous alleged workplace affairs at his Wasserman Media Group. Wasserman dismissed that report and vowed that he will not step down...