Eli Broad's Museum Says It Bought Painting Sold by John McEnroe

(Bloomberg) -- The Los Angeles museum founded by billionaire Eli Broad said it acquired Mark Bradford’s "Helter Skelter I" -- the painting inspired by serial killer Charles Manson that retired tennis pro John McEnroe sold at auction last week.

“We are proud to acquire Helter Skelter I, which is among the most significant works he has ever produced,” Joanne Heyler, the Broad museum’s founding director and chief curator, said in a statement. Like many of the works by Bradford, a black artist from Los Angeles, “it confronts the economic and social structures that perpetuate issues of power, race and crime,” she said. “It is a powerful work that deepens our Bradford holdings, and will become a centerpiece in our galleries.”

Read more: John McEnroe sells Manson-inspired artwork for $10.4 million

The Broad paid $12 million, an auction record for a Bradford work, at Phillips in London on March 8. The figure includes commission.

©2018 Bloomberg L.P.

Stay Updated With Business News News On BloombergQuint