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Colts' Jim Irsay Says He Rejected $1.15B Offer for Massive Memorabilia Collection

Related Topics: Jim Irsay, Stephen Holder

Indianapolis Colts owner Jim Irsay said he was offered over $1 billion for his memorabilia collection but turned it down.

"I've been offered $1.15 billion for the collection in totality by someone in the Middle East," Irsay told ESPN's Stephen Holder.

"I turned it down because, to me, No. 1, it's priceless. And No. 2, I never started the collection for that reason, to look at it and say, 'Oh, this is going to be a great investment.'"

A description and summary of the collection, which is mainly highlighted by music artifacts, reads as follows:

"The Collection is highlighted by musical instruments and items owned and used by some of the greatest artists in music history, including Bob Dylan, The Beatles, Prince, Eric Clapton, Elton John, The Grateful Dead's Jerry Garcia, Les Paul, Pink Floyd's David Gilmour, The Doors' Jim Morrison, and other music icons, as well as autographed photos, handwritten lyrics, and other historical music memorabilia.