Laurene Powell Jobs, one of the world's richest women and the widow of Apple co-founder Steve Jobs, reportedly has purchased a 20 percent stake in Monumental Sports & Entertainment, the company that controls the Washington Wizards, Washington Capitals and Capital One Arena.
According to the Washington Post's Thomas Heath, only Ted Leonsis has a larger individual stake in Monumental Sports & Entertainment, and he will remain the chief executive.
This article will be updated to provide more information on this story as it becomes available.
Get the best sports content from the web and social in the new B/R app.