April 29th in Elvis History

It's April 29th, and on this day in 1977, a story broke in the *Nashville Banner* revealing that Colonel Tom Parker was reportedly in the process of selling Elvis's contract. The rumor, which cited sources from Memphis, Los Angeles, and Nashville, suggested that Parker's mounting gambling debts were behind the decision. In his response, Parker vehemently denied the claims, stating, "I’m here, I’m working with Elvis, I’m in good health, and I don’t have any debts, at least none I can’t pay." The news sparked speculation and uncertainty, with many questioning whether it was the early stages of a change in direction or simply an unfounded leak, as the Colonel’s plans didn’t come to fruition.