April 21st in Elvis History

It's April 21st, and on this day in 1976, Elvis made headlines for his first business venture outside the entertainment world. The *Memphis Press–Scimitar* ran a photograph of Elvis with his bodyguard Joe Esposito, Dr. Nick, and business associate Mike McMahon breaking ground on a racquetball facility that was part of a new project, Presley Center Courts, Inc. However, the excitement quickly turned to frustration. Elvis soon withdrew from the project after realizing he would need to contribute a significant amount of money, something he had not initially understood. Furious with Joe and Dr. Nick for involving him, Elvis threatened to fire Joe and even considered taking a new doctor on his next tour.