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Auctioneer Andrew Aldridge said: “The contract represents the genesis for Elvis collectors. It helped take Elvis´s career to a new level and was a factor in him becoming the global phenomenon we know today. “This contact is quite literally a piece of rock and roll history.” The contract is signed by Elvis, then aged 21, in three places – two full signatures and one set of the initials EP – as well as a William Morris Agency representative. Elvis and the representative also initialed the rider.
On the day before the signing, Elvis recorded his version of Blue Suede Shoes at RCA Studio 1 in New York. The contract is sold with copies of two photographs taken at the signing. The relationship between the agency and Elvis continued throughout his career.
(Source: DailyMail)