Jim Irsay, the Indanapolis Colts owner, has bought the famous Yellow Cloud electric guitar owned by Prince that was recently at auction.  This electric guitar was made famous in the mid-90s, as Prince used it many times during those years in concert.

Irsay paid $137,500 for the famous guitar this past weekend in Beverley Hills at an auction.  The guitar was only made available due to the tragic passing of Prince on April 21 while at his house in Minnesota.

Obviously Irsay must be a huge Prince fan. There has been no word on the future of the guitar now that it is in Irsay’s hands, but we’re sure he’ll take good care of it.

Photo credit: Alexey Stiop / Shutterstock.com