Two color (2+1′) zero kinetic energy pulsed field ionization (ZEKE-PFI) spectra of I2 ionized via a number of gerade Rydberg excited states have been recorded for the first time. Ionization into both X 2Π3/2,g and X 2Π1/2,g spin–orbit ionic substates was achieved by selective excitation of Rydberg states having the appropriate spin–orbit ionic core. Adiabatic ionization energies have been determined as 75 069±2 cm−1 for the X 2Π 3/2,g state and 80 266±2 cm−1 for the X 2Π1/2,g state with ωe values for the two states determined as 240±1 and 229±1 cm−1, respectively. The ZEKE-PFI spectra recorded for the lower spin–orbit state exhibit non-Franck–Condon behavior which has been interpreted in terms of an autoionization mechanism. The ZEKE-PFI technique has also been used to probe the extent of Rydberg and ion-pair character in a strongly mixed Rydberg/ion-pair state.