Since his death various parties have recognised Peel's influence. A stage for new bands at the Glastonbury Festival, previously known as "The New Bands Tent" was renamed "The John Peel Stage" in 2005, while in 2008 Merseytravel announced they would be naming a train after him.
In 2009 the first blue plaque to bear his name was unveiled in Heywood, part of Rochdale, Greater Manchester, to recognise Peel's contribution to the local music industry in financing Tractor's recording studios.
On 13 October 2005, the first "John Peel Day" was held to mark the anniversary of his last show. The BBC encouraged as many bands as possible to stage gigs on the 13th, and over 500 gigs took place in the UK and as far away as Canada and New Zealand, from bands ranging from Peel favourites New Order and The Fall, to many new and unsigned bands. A second John Peel day was held on 12 October 2006, and a third on 11 October 2007. The BBC had originally planned to hold a John Peel Day annually, but Radio 1 has not held any official commemoration of the event since 2007, though gigs still take place around the country to mark the anniversary.
At the annual Gilles Peterson's World Wide Awards, the "John Peel Play More Jazz Award" award was named in his honour.
In his Heswall birthplace a pub was opened, named The Ravenscroft, in his honour.
Several Peel-related compilation albums have been released since his death, including John Peel and Sheila: The Pig's Big 78s: A Beginner's Guide, a project Peel started with his wife that was left unfinished when he died, and Kats Karavan: The History of John Peel on the Radio (2009), a 4 CD box set. Rock music critic Peter Paphides said in a review of the box set that "ome artists remain forever associated with him", including ...And the Native Hipsters with "There Goes Concorde Again", and Ivor Cutler with "Jam". A sizable online community has also emerged dedicated to sharing recordings of his radio shows.
Peel's adult sons Tom and William Ravenscroft have followed him into radio DJing and music journalism, with an emphasis on spotting new talent.
In 2011, BBC Radio 6 Music inaugurated the annual John Peel Lecture, named in honour of the DJ.
In March 2012, the BBC announced that it would rename part of Broadcasting House, the Egdon Wing, as the "Peel Wing". Following claims that Peel had a relationship with a 15-year-old girl in 1969, during which she became pregnant, it was announced in October 2012 that the decision would be reviewed.
In May 2012, a campaign was started to turn demolition-threatened Bradford Odeon into the John Peel Creative Arts Centre in the North. It is proposed that part of his record collection be housed there. The building would be converted back to a live music venue. He met his wife Sheila at a gig at the University of Bradford.
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