From 23 Degrees Sports/Trek World Racing:
"The last several weeks have been a very difficult period for our company as owners of the Trek World Racing program. Despite the fact that on August 9 of last year, Aaron Gwin signed a legally binding Letter Of Intent with our team for the next three seasons, his agent wrote an email to the team in mid-December stating he had decided to race for another bike brand.
Mr Gwin confirmed his agreement with our team in public statements, and he and his agent repeatedly confirmed the existence of, and commitment to, the agreement in written correspondence with us. Yet, only weeks before the team was required to submit the official team roster to UCI, Mr Gwin informed the team that he was abandoning TWR in total disregard of his contractual obligations. The team reached out on several occasions in December in order to try and remedy whatever concerns Mr Gwin had, but these were ignored until the team received a letter from his Attorneys on December 27 stating he would not ride for our team. In the interests of the team and our sponsors, we are actively pursuing all options open to us at this point, including legal action, and remain completely surprised by Mr Gwin's unprofessional actions.
Team Director Martin Whiteley says: "This has not been an easy time for us. In the bigger picture however I find positivity in the fact that the Trek World Racing program will continue regardless of the outcome of this dispute, as no single rider is bigger than the team as a whole. Every rider who has been on our Downhill program has had the best years of their career with us, and we will continue to bring on talented riders. The team has a history of helping riders win who had not previously won, including Aaron Gwin. It's our intention to continue that type of record with new talent. I would personally like to acknowledge the complete support and loyalty we've received from our title sponsor Trek Bikes who have been unwavering in their commitment to the program since this news broke. In the interests of the fans, we hope this matter will be resolved sooner rather than later".