Washington Post:

Laurene Powell Jobs, a billionaire philanthropist, entrepreneur and president of the Emerson Collective, is buying a significant stake in Monumental Sports & Entertainment, a sprawling $2.5 billion complex that includes the NBA Wizards, NHL Capitals and Capital One Arena, people familiar with the deal said.

And:

Through her sizable investment, Powell Jobs instantly commands an influential position in the male-dominated ownership circles of the “Big Four” professional sports leagues. Very few women’s names stand atop the ownership list of the NBA’s 30 franchises: Jeanie Buss of the Los Angeles Lakers, Ann Walton Kroenke of the Denver Nuggets and Gail Miller of the Utah Jazz.

And:

Powell Jobs, 53, is one of the wealthiest women in the world, estimated to be worth about $20 billion. Much of that comes from her stock in Apple, the iconic company co-founded by her late husband Steve Jobs, who died in 2011. She also owns 4 percent of the Walt Disney Company.

This is a big, bold move by Laurene Powell Jobs, a follow-up to her nonprofit’s purchase of the Atlantic Magazine and bringing her that much closer to the Washington DC area and to the so-called corridors of power.