Indianapolis, IN
Jim Irsay’s massive collection of guitars, artifacts from John Lennon, others to be sold
Jim Irsay guitar collection: 3 famous guitars collected by Colts owner
Jim Irsay owns more than just the Indianapolis Colts.
Ethan May, IndyStar
INDIANAPOLIS — The family of late Indianapolis Colts owner Jim Irsay is selling his collection of 199 guitars — dubbed “the greatest guitar collection on Earth” by Guitar World magazine — as well as an eclectic assortment of hundreds of other historic artifacts Irsay amassed from the worlds of pop culture, American history, literature, music and sports.
The Jim Irsay Collection, which experts have valued at more than $1 billion, will be offered at Christie’s New York in a series of auctions starting in March.
“This decision was not made lightly, but with deep reflection and love for the legacy he built,” the Irsay family said in a statement provided by the Colts. A few pieces from the collection will remain with the Irsay family, but “the majority” will be sold.
“Our dad was a passionate collector, driven not by possession, but by a profound appreciation for the beauty, history and cultural resonance of the items he curated,” the Irsay family said. “From iconic instruments to handwritten lyrics by legends to rare historical artifacts and documents, each piece in the collection tells a story – and he was always so excited to share those stories with the world.”
At the center of the Irsay collection, Christie’s said in announcing the sale, are the instruments that were owned and played by some of the greatest artists in music history, including John Lennon, Paul McCartney, George Harrison, Jimi Hendrix, Prince, Jerry Garcia, Bob Dylan, Kurt Cobain, Eddie Van Halen and Eric Clapton.
Items owned by Elton John, Ringo Starr, John Coltrane, Miles Davis and Jim Morrison will also be on the auction block.
As Irsay immersed himself in professional football for more than 40 years, first as general manager of the Colts and then as owner, he always had a side gig — collector extraordinaire.
The collection “includes extraordinary sports and movie memorabilia, U.S. presidential artifacts, extremely rare books, documents and manuscripts with a focus on American history, the ‘Beatnik’ movement and much more,” Christie’s said.
There is an Apple II manual signed by Steve Jobs, Hunter S. Thompson’s Red Shark convertible and Jack Kerouac’s original typewritten manuscript of “On The Road.”
“Christie’s is honored to offer this magnificent collection, so lovingly compiled, maintained, and shared bylegendary collector Jim Irsay over decades,” Julien Pradels, president of the Christie’s Americans region, said in a statement announcing the sale.
In recent years, Irsay transformed the collection into a traveling museum and hosted free exhibitions across the U.S. He loaned items to museums, nonprofits and others for display and research, “always with the hope that others would be inspired and united,” the Irsay family said.
Irsay never referred to himself as the owner of the collection but as its steward.
“Now, we believe it’s time for a new life for the collection, and it’s our sincere hope that these artifacts find future stewards who understand and cherish their significance,” the Irsay family said. “In honor of our dad’s lifelong focus on giving, a portion of the proceeds from the sale will go toward philanthropy close to his heart. Giving back was always central to his vision, and this next chapter honors that commitment.”
Free public exhibitions will be part of the sales at Christie’s New York, who said “passionate collectors around the globe (will) have a once-in-a-lifetime opportunity to own a piece of history, and provide this exquisite collection its next chapter.”
More information on the auction will be available in the coming months as the sale approaches. Sign up for updates
Follow IndyStar sports reporter Dana Benbow on X: @DanaBenbow. Reach her via email: dbenbow@indystar.com.
INDIANAPOLIS — One person is in critical condition following a shooting on Indy’s near east side.
According to the Indianapolis Metropolitan Police Department, around 8:10 p.m., officers were called to the 2000 block of East Washington Street on reports of a person shot.
Upon arrival, police located a 50-year-old man with injuries consistent with a gunshot wound.
He is currently reported to be in extremely critical condition.
No additional information has been made available at the time of this article’s publication.
This is a developing story; check back for updates.
The Indiana Utility Regulatory Commission on June 17 gave AES the nod to raise electricity rates enough to earn an additional $71 million each year, a decision that drew reproof from Indiana lawmakers who called it another blow to cost-burdened consumers.
The approved rate represents less than half of the $192 million increase that AES initially requested. It’s also less than the $91 million increase proposed in an October settlement agreement between AES, the city of Indianapolis and major electricity consumers like Kroger and Walmart.
But the new rate is still significantly more than what the Indiana Office of Utility Consumer Counselor, the state agency representing ratepayers in the case, recommended in September. The OUCC’s proposal would have capped AES’s annual operating revenue at $21 million less than the current level.
The rate increase authorizes AES to earn a total of nearly $2 billion each year, or an estimated $384 million in profit.
The higher base rate comes as a double whammy for Indianapolis-area households, who are already paying more for electricity this summer after AES temporarily raised rates to account for higher-than-anticipated fuel costs during last winter’s storms. The increase also arrives against the backdrop of inflation, which rose to a three-year high last month, and surging gas prices due to the war in Iran.
Gov. Mike Braun wrote in a Wednesday post to X that he was “deeply disappointed” by the IURC’s approval of the rate increase.
“Hoosiers have spent years tightening their belts and making tough financial decisions,” Braun wrote. “It’s time for utility companies to do the same.”
The IURC’s decision also drew fire from the other side of the aisle. In a June 17 news release, five Democrats representing Indianapolis in the state Senate – J.D. Ford, Andrea Hunley, La Keisha Jackson, Fady Qaddoura, and Greg Taylor – chastised Indiana’s Republican supermajority for failing to rein in rising utility costs.
“Hoosiers pay more. Monopoly utilities collect more. And the leaders in the super-majority who promise affordability over and over again show those are just empty words,” the news release said. “Instead, they continue to defend a system that takes more and more out of our paychecks.”
The consumer advocacy group Citizens Action Coalition also slammed the rate increase. Ben Inskeep, CAC’s program director, said the decision left him “less optimistic that this commission is willing to do things differently and to actually hold utilities accountable.”
He said the IURC should have penalized AES for issues that plagued customers after the utility updated its billing system in 2023, including duplicated withdrawals for the same monthly bill.
The rate increase will take effect in two phases, with rates going up in July 2026 and January 2027. AES officials anticipate the hikes “will be less than $5 per month per phase” for a household that uses 1,000 kilowatt hours of electricity per month, according to a Wednesday news release from the utility.
“The IURC’s decision reflects a thorough, transparent process and balances the need for continued investment in the electric system with a focus on customer affordability,” the news release stated.
Under a state law that Braun signed in February, AES cannot ask for another increase to its base rate until January 2030 — though electricity bills could still go up for other reasons, like the fuel adjustment charge hitting consumers this month.
Three members of the five-member IURC signed off on the rate increase: Andy Zay, David Veleta, and David Ziegner. Commissioner Bob Deig dissented. Commissioner Anthony Swinger recused himself from the decision because he worked on the AES rate case for the OUCC before he was appointed to the IURC by Braun in January.
“None of this was taken lightly,” Zay, the IURC’s chair, said at the Wednesday hearing, adding that the commission and its staff had carefully weighed concerns about affordability. The commissioners did not go into further detail at the hearing.
But the commission’s order shows some of the debates that played out during the rate case. One point of contention was AES’s authorized return on equity — that is, how much the utility can earn each year in profits. Other disputes hinged on how AES forecasts its operating expenses.
The OUCC accused AES of including more than 100 “phantom hires,” vacant positions it did not necessarily intend to fill in its calculations. Last year, AES said that the rising costs of vegetation management, or trimming trees around power lines, also drove the need to raise rates. The OUCC recommended keeping vegetation management costs flat.
One factor that’s not driving higher prices? Data centers.
AES does not currently provide service to any data centers and did not include them in its calculations, AES president Brandi Davis-Handy said in testimony before the IURC.
Tilly Robinson is a Pulliam fellow for the Indianapolis Star. She can be reached at tilly.robinson@indystar.com.
Interactive radar | Weather alerts by county
WATCH LIVE COVERAGE
(WRTV) — A tornado watch has been issued through 1 a.m. EDT Thursday for much of Indiana, the National Weather Service’s Storm Prediction Center said.
The watch area covers 47 of Indiana’s 92 counties, and includes Indianapolis and its surrounding counties.
Counties in the watch area are Bartholomew, Blackford, Boone, Brown, Carroll, Cass, Clay, Clinton, Daviess, Decatur, Delaware, Fountain, Grant, Greene, Hamilton, Hancock, Hendricks, Henry, Howard, Huntington, Jackson, Jay, Jennings, Johnson, Knox, Lawrence, Madison, Marion, Martin, Miami, Monroe, Montgomery, Morgan, Owen, Parke, Putnam, Randolph, Rush, Shelby, Sullivan, Tippecanoe, Tipton, Vermillion, Vigo, Wabash, Warren, and White.
WRTV Meteorologist Ryan Morse says Wednesday afternoon’s rain was the first of two rounds coming to the Hoosier state. A line of supercells were expected to form in Illinois and travel into central Indiana.
In neighboring Illinois, dozens of counties are under a tornado watch until 10 p.m. CDT/11 p.m. EST.
All threats of severe weather were on the table: damaging wind, strong tornadoes, large hail, and flooding.
Severe storms should exit Indiana in the early morning hours.
WISH-TV Meteorologist Keith Gibson says people should have multiple ways of getting alerts and have electronic devices fully charged in case they lose power.
The next chance for rain after these storms could be on Saturday.
-
Montana23 seconds agoYour guide to local sports events, plus what’s on TV for June 19
-
Nebraska3 minutes agoNebraska’s governor doesn’t carry a state-issued phone. Critics call it an abuse of state disclosure laws. – Flatwater Free Press
-
Nevada9 minutes agoConservation groups oppose potential sale of federal lands highlighted in land mapping tool
-
New Hampshire16 minutes agoPortsmouth Pride 2026 is a protest and a celebration
-
New Jersey18 minutes agoHistorical marker recognizing Lawnside, New Jersey, to be unveiled Friday
-
New Mexico24 minutes agoEight Black New Mexican artists explore the concept of land through art
-
North Carolina31 minutes ago
NC ranks 9th nationally in business using AI
-
North Dakota33 minutes agoA hero’s return for WWII POW Irvin Ellingson
