The honor, which celebrates the music and icons that have made an impact on the legacy of The Strip, sees the band join a distinguished list of former honorees, including Ozzy Osbourne (2009), Slash (2010), Motley Crue (2011), The Doors (2012) and Joan Jett (2013).

"It all started for me back when my big brother used to tell me about The Strip, and about the amazing scene where artists like Janis Joplin and Jim Morrison blew people's minds by pioneering a new sound and influencing culture in a more exciting way than ever before. Complete with massive crowds from all over the world streaming through the streets and flocking to The Strip just trying to be part of it all," says frontman Perry Farrell.