Arctos Sports Partners acquired a minority stake in Monumental Sports & Entertainment from Laurene Powell Jobs, valuing the ownership group at $7.2 billion enterprise value. The deal adds the Washington Wizards and Capitals to Arctos' growing portfolio of sports assets, expanding its control over premium NBA and NHL franchises. Per Matchex data, Arctos now operates five major league teams across two sports, positioning the platform as a consolidation play in fragmented sports ownership. The $7.2B valuation for Monumental reflects 1.4x revenue multiple on ~$500M annual revenue, in line with comparable NBA/NHL holdings but below premium markets like Los Angeles or New York.