LOS ANGELES -- Motley Crue is hanging up its guitars for good.

The heavy metal band plans to say goodbye with a series of 72 concerts before retiring. The rockers made the announcement at a news conference Tuesday in Hollywood.

Alice Cooper will tour with the group. Tickets go on sale Friday with prices starting at $15.

"We want to go out with the four founding members of Motley Crue and go out on top," said lead singer Vince Neil.

"We want to leave a legacy," added Nikki Sixx. "We want to have some dignity."

The band members have signed a legal agreement promising not to perform as Motley Crue after 2015.

A Motley Crue country tribute album is in the works, as is a big-screen version of the band's 2002 book, "The Dirt."