Laurene Powell Jobs to buy stake in Wizards, Capitals

In this image taken Sept. 17, 20, 2017, and provided by Monumental Sports & Entertainment, Ted Leonsis, left, chairman and CEO of Monumental Sports & Entertainment, sits with billionaire executive Laurene Powell Jobs during a basketball game in Washington, D.C. Powell Jobs has agreed to buy a 20 percent stake in Ted Leonsis’ Monumental Sports & Entertainment., pending approval from the NBA and NHL. Monumental owns the Washington Wizards, Capitals, Mystics and the Arena Football League’s Washington Valor and Baltimore Brigade. (Barbara Kinney/Monumental Sports & Entertainment via AP)

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