As a result, Presley was forced to continue the arduous performance schedule and forgo his dreams of touring internationally. However, because Parker obtained so much financial control, Parker threatened to sue Presley for all his remaining wealth. Presley eventually discovered Parker’s true intentions and attempted to fire Parker. Unbeknownst to Presley, Parker negotiated a side agreement with the casino where his gambling debts were forgiven, and Parker got unlimited credit as long as Presley continued performing at the casino. To keep Presley on stage, Parker enlisted the services of an ethically questionable doctor who prescribed Presley prescription drugs, to which Presley eventually became addicted. Parker did get Presley a lucrative contract, but the performance schedule was so demanding that it left Presley mentally and physically exhausted. In the 1970s, Parker tricked Presley into signing a five-year Las Vegas casino residency contract even though Presley vociferously expressed his desire to perform internationally.Īs portrayed in the movie, Parker, a compulsive gambler, raked up huge gambling debts and the casino executives called in these debts to pressure Parker to get Presley into an exclusive residency deal.

Through guile and charm, Parker convinces Presley to give him exclusive control of Presley’s career, which Parker uses to enrich himself over the best interest s of Presley. In 2022, Warner Brothers released the movie Elvis, which explores the complex and sometimes contentious relationship between the King of Rock and Roll, Elvis Presley, and his longtime manager, Colonel Tom Parker, played by Hollywood icon Tom Hanks.

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