Elvis sued over bad business deal in 1976? WHAT HAPPENED?!

Рет қаралды 3,175

Күн бұрын

Пікірлер: 73

@A.P087 Ай бұрын

I agree...Elvis was kind and gentle but regarding money he trusted too much and he should have listened to good advisors.

@Rose-ii7fk Ай бұрын

Interesting, I agree Elvis was way too generous. Imo I don't blame him for getting upset, I would of, especially in 1976. Isn't Dr Nick the Dr who prescribed all those pills and ended up getting sued, etc. Hmm

@yellyman5483 Ай бұрын

Dr. nick ended up losing his medical practice later on. He prescribed thousands of pills to Elvis the last years Elvis lived. He was completely out of control.

@leemontoya8028 Ай бұрын

Just another reason don't do business with friends!

@ElvisistheMan_ Ай бұрын

Yeah you’re probably right

@anthonyhetherington2866 Ай бұрын

Thanks for posting this man. The word ‘vampires’ comes to mind!

@anthonyhetherington2866 Ай бұрын

Your analogy is spot on

@thecoolcreativebuildchanne2613 Ай бұрын

I didn't know all these details. That's really something!⚡ Cool video David!!🙏

@intelizWild Ай бұрын

It's a true story. I've heard this many times from multiple sources.

@ElvisistheMan_ Ай бұрын

👌🏻

@robertstdon9280 Ай бұрын

I've heard about too

@USNBLUE Ай бұрын

Interesting details. 1976 was a turbulent year for him. 😢

@ElvisistheMan_ Ай бұрын

Yes, for sure!

@tinaserna-ek4le Ай бұрын

That was a smart move ELVIS made ….got out b 4 thgs got worse …. Thks David

@neildarealdeal7129 Ай бұрын

What I heard concerning is this, Elvis found out he was took for over 2 million dollars on this deal. In other words, the developers told lies and kept billing Elvis for expenses. Turns out, there was no so called franchise they said was established. A ponzi scheme... Darealdeal

@brandonvandine1695 Ай бұрын

Sounds like he probably made the right move. I would assume he did make the Right move. I mean racquetball in my opinion. Probably wouldn't have been that successful of a business investment. Call me crazy lol. He shouldn't even have been bothered with this. Instead he should have been doing world tours. Too busy to even have to deal with this nonsense

@lolajoker Ай бұрын

Racquetball had become quite a fad in the mid 70’s, much like Pickleball is now, with indoor Pickleball courts popping up all over. I remember a racquetball court opening near us in 1977. Would it have been a good investment? I don’t know. Racquetball sort of fizzled out just a few years later so maybe not.

@johneli495 Ай бұрын

I can't think of even one person in Elvis' life that was good for him

@candybailes2044 Ай бұрын

Anita Wood and AMO.

@JoanMorrison-vq2jc 26 күн бұрын

Sam Phillips.

@jimmybatalitzky-c4y 12 күн бұрын

Larry Geller

@anY-bf9ud Ай бұрын

Poor Elvis, he sure didnt need enemies with the " friends " he had around him . 😔 He surrounded himself with a bunch of leeches. 😠

@vicki6070 Ай бұрын

Thanks for refreshing my memory on that. Sandi (Gate Girl) said the last time she saw Elvis was in 4/77 in Palm Springs. At that time, he told her that planned on making some changes after the 8/77 tour. Namely, he planned taking care of his health and making a few personnel changes. I think two of those people that he was considering firing were Parker and Joe E. As far as Joe E., maybe the racquetball fiasco had something to do with that. All the best!

@sherroncunningham7845 Ай бұрын

If he had to go to court and pay $40,000 to me that's having to pay expenses so to me that's not right he wasn't supposed to have to pay anything so I think he was done dirty in my opinion

@ElvisistheMan_ Ай бұрын

I think he had to pay 25,000 but just loan the 40,000 and that was repaid. I know, a lot of facts in this one! But it’s interesting because we still have the racquetball court at the tour at Graceland but it’s just converted into a trophy room

@sherroncunningham7845 Ай бұрын

@@ElvisistheMan_ I still think it sucks though to know even that he said he didn't want to pay anything and to know that he had to pay even $25,000 to me that's still wrong hey I'm an Elvis fan what can I say I'm going to take his side no matter what it's a good thing I'm not a judge he wouldn't have had to pay anything All you would have had to done was look at me with those gorgeous blue eyes and he would have won You take care of Dave and God bless

@yellyman5483 Ай бұрын

@@sherroncunningham7845 I agree. Elvis was really pissed off over this, and he was planning to fire Joe when he died. He kept Dr. Nick because Elvis completely owned him. Dr. Nick loaned hundreds of thousands of dollars from Elvis which is highly unethical. Dr. Nick was a doctor, and Elvis was the patient. A doctor isn`t supposed to loan money from his/her patient. Dr. Nick was a very shady character. He eventually lost his medial license, and ended up selling empty pill boxes with Elvis`s name on to the highest bidder at auctions. Those pills killed Elvis.. Dr. Nick was a spineless, and greedy coward.

@gpt465 Ай бұрын

Think Elvis paid to much money for this thing😮Elvis was the most generous person ever! But he was not a businessman.😢 Bet Vernon would never want him to do that.

@charlenedonovan8948 Ай бұрын

Dr. Nick borrowed $$ from Elvis for his house. He paid the loan back to him in full, I believe though it was after Elvis died, Nick paid the estate (or Vernon.) PILLS did not kill Elvis. I wish people would stop spreading this. It is disrespectful to Elvis! And to Dr. Nick. Elvis was in tremendous pain. He was ill.

@bbo1779 Ай бұрын

Excellent video. I knew about the racquetball deal, but not in detail. Thanks for sharing this.

@ElvisistheMan_ Ай бұрын

Welcome!

@delorespetree3243 Ай бұрын

Did not know this thanks for the information have a great weekend

@ElvisistheMan_ Ай бұрын

You too

@OdditiesandRarities Ай бұрын

Nice video! I cant help thinking that Elvis's sudden explosion of anger sounds exactly like his wild drug fuelled antics in other circumstances. I would not be surprised if his drug use clouded his judgement in this instance.

@ElvisistheMan_ Ай бұрын

I would agree with that my man..

@frankieelvisbarbieri5495 Ай бұрын

Many fans always wanted to know about this particular story, and now you delivered! Great video👍💯

@ElvisistheMan_ Ай бұрын

Thank you brother. I hope you and your son are doing well 👍🏻

@lelialar Ай бұрын

Yes I know about it! I read it in the book!

@rebelvgan4579 Ай бұрын

Wow, I didn't know any of this, appreciate your video.

@drkwlsk Ай бұрын

Sounds to me like Vernon got involved and told Elvis your people are using you for your name. At that time Elvis was extremely upset with his Memphis Mafia

@BrendaBooher-hw4mf Ай бұрын

I remember insiders at Graceland talking about this. Thank you.

@candybailes2044 Ай бұрын

I thought Elvis gave them more money because Joe had put his MOTHER's house up for collateral and Elvis didn't want Joe's mother to lose her home? Like several others, I did not care for Joe!!!!!! Also remember, Elvis had fired Joe in the sixties and Joe went back to his hometown and couldn't find a job. Joe called Marty a few times wanting Marty to say something to Elvis about hiring him back. He was out of work for several months and Marty was handling things, foreman like position. Marty did finally say something to Elvis and Elvis supposedly left it up to Marty as to if he should hire Joe back. Marty told Elvis, he could use the help and hiring someone that hadn't been in the circle of things, it would take longer, because they would have to start from scratch and train an outsider...so Elvis told Marty, that Joe could come back. IMO, taking Joe back was a big mistake! Joe came across to me as being a big time suck up and two faced, only out for himself! The Colonel's snitch!

@charlenedonovan8948 Ай бұрын

I wish Joe would never have been hired back. But Parker wanted Marty out of that position because Marty wrote notes on the checks defining what the expenditures were for. Including one that Parker wanted, a $50K check...Marty said he had to check with Elvis for that kind of money. Parker argued with him. Parker wanted Joe as foreman because Joe reported back to Parker in detail about Elvis' personal life doings. Marty would not report to Parker. He told Parker he worked for Elvis not him. lol. Good for Marty!

@MikeHorton-c1c Ай бұрын

I did not know about this story. Vernon Presley was always afraid that Elvis was spending too much money and that they were gonna go broke.. and 76 wasn't too good of a year for Elvis. . He was over weight. The drug situation got worse. Having problems with some of the guys. Among other things that was going on in his life.. it was the beginning of the end.

@ElvisistheMan_ Ай бұрын

It’s refreshing to hear your logical comment 👍🏻

@MikeHorton-c1c Ай бұрын

@@ElvisistheMan_ thanks man . Keep searching for those good stories.

@ElvisistheMan_ Ай бұрын

Right on!

@yellyman5483 Ай бұрын

Dr. Nick and Joe ripped Elvis off. And when you think about how much Elvis did for them, and how many expensive gifts he gave them it`s incredible that they could do something like that to him. And if Elvis wanted to invest his money in a racquetball hall business why did he need two deadbeats like Dr. Nick and Joe with him. They had NOTHING to offer. Dr. Nick owed Elvis $250 000 in a personal loan that Elvis had given him, and Joe had received cars, motorcycles, jewelry, and money gifts worth hundreds of thousands of dollars from Elvis over the years. It`s too bad they were so greedy. The Elvis mafia were a bunch of leaches. After Elvis passed away they sold Elvis`s secrets to the highest bidder. I have no love for those guys. They were really shady characters.

@lu-anneharris5961 Ай бұрын

I red !Elvis doent read the papers before signing his signature

@nathalieal1181 Ай бұрын

Je pense qu'Elvis était vraiment trop gentil et faisait trop confiance aussi je pense aussi que beaucoup ont abusé de lui 😢en 1976 Elvis n'avait pas besoin de ça. Elvis aimait " ses amis" mais "eux" franchement je sais pas beaucoup ne voyait en Elvis que ses DOLLARS il était très mal entouré et je comprend quil se sentait souvent seul. J'aime cet homme plus que tout et le mal que certains lui ont fait je ne leur pardonne pas même s'ils ne sont plus de ce monde.

@stevew7692 Ай бұрын

That's why I never trusted Espositos supposed loyalty to Elvis.....he was the Colonels man I think who kept an eye on Elvis but I'm not sure he always has Elvis' best interests at heart.

@accelmargn Ай бұрын

I’ve seen it listed on info at the time as “Presley” and “Presley’s”. Wonder why the difference?

@lolajoker Ай бұрын

I think Vernon could have been behind this just like I think Vernon was behind the firing of Red, Sonny and Dave. I’ve read a story where Vernon yelled at all the MM around 1976, saying they were taking advantage of Elvis. Sonny tells a story about asking Elvis for plane tickets for his son and wife and Elvis telling him that he’ll have Vernon set that up. When Sonny called the airport there were no tickets. Sonny visited Elvis to tell him and said something like, I think your daddy forgot to set up the tickets. A few minutes later Ricky Stanley (I think) went to Sonny and asked what he had said to Elvis because Elvis was ranting and raving about Sonny badmouthing his daddy. I think in Elvis’ impaired state in 1976, Vernon, who never liked the guys anyway, was pressuring Elvis to get rid of them and probably telling Elvis that they were taking advantage of him. If Dr. Nick wasn’t with Elvis on tour, this would have been around the time of the Houston concert ( Houston We Have A problem).

@ROCKINGMAN Ай бұрын

Couldn't say it was enjoyable to hear about disastrous events in '76. Squandering money, issues with friends, numerous dependants, Elvis What Happened, declining health all taking it's toll.

@ElvisistheMan_ Ай бұрын

I just find facts about Elvis’s life, interesting, and this is one that not too many people know about

@ROCKINGMAN Ай бұрын

@@ElvisistheMan_ Undoubtably.

@doriswilliams6422 Ай бұрын

Knew that

@danielacolnaghi7739 Ай бұрын

Yes, I knew because I read it in some biographies of Elvis (told in a different way) and excuse me but I don't trust Dr Nick's version very much: if they needed "only" Elvis' name why did they go bankrupt? After all, Elvis paid them the penalty and gave them the loan they asked for, they should have made it and instead.....so I repeat I don't trust Dr Nick's version, perhaps I am prejudiced but.....In my opinion, just another proof of Elvis' naivety in not being able to recognize bad deals and especially bad friendships, false and opportunistic people! Even without ever having met them and even without this detail, "instinctively" I never liked them, especially Joe Esposito who is often (wrongly) considered one of Elvis' most trusted and sincere friends. My feeling, on the contrary (and today often confirmed by the various "discoveries"), has always been that of a fake friend of Elvis, much more interested in his own personal gain, one that according to many who knew him, felt "superior" (smarter, more intelligent, more capable) compared to the other guys around Elvis, feelings that in reality had been "given" to him by Parker for whom he really worked! (SPYING Elvis and reporting to the bastard), or by the other "good girl" who had the only goal of annoying Elvis and getting money. The three (Parker, Priscilla, Joe), in fact, remained very close even after Elvis' death, defending each other and speaking well of each other.......... .About the great Joe' friendship with Priscilla do you know that when she married Elvis, she was the one who decided that starting that moment only Joe was authorized to take pictures of Elvis? Until that day all the guys could....just a little start of the beginning of the way how "Priscilla & friends" wanted to take control of Elvis life....... Reading some Elvis's biographies, was Joe who often made money behind Elvis' back, asking fans money to get in. In any case he was the one who decided his own the people who could meet Elvis! (Of course on Parker's orders, the one he really worked for! And in the end poor Elvis paid for everyone, both financially and psychologically!

@vicki6070 Ай бұрын

You mentioned Parker, Prissy and Joe, but, I think, you could throw Jerry S. into the mix, as well. I did not know that Prissy was the one that authorized only Joe E. to take pics of Elvis, once they were married. Thanks.

@danielacolnaghi7739 Ай бұрын

@@vicki6070 yes, right Jerry S. too, even if in my opinion, he become worse after Elvis's death, when he started to work for Cilla. Joe was bad and fake right from the beginning. Bye

@princeali1786 Ай бұрын

Why don’t you do a story on how and why Ginger sued the Presley estate after Elvis died. Type in Ginger Alden vs Elvis Presley estate- it totally contradicts her books version and you will see just how she and her family USED ELVIS - it’s despicable- She knew Elvis was dead hours before he died. She even called her mother and between their calls they made a deal with enquirer and or another company for the latest scoop coming out from Graceland - now, this has nothing to do with the law suit however, it does explain just what kind of person she and her mother is /were. Ironically, Ginger husband died in 2015 I believe but guess what month and day ? August 16th 2015 -Can you say Karma.

@ElvisistheMan_ Ай бұрын

I did some reviews on the book “the death of Elvis “that I think you would like. I talk about Ginger and that morning in a couple videos. I think you might like it.

@ThamiumOne Ай бұрын

Ginger knew Elvis was dead hours before he died....?? How does that work?

@princeali1786 Ай бұрын

@@ElvisistheMan_ I will check it out.

@princeali1786 Ай бұрын

@@ThamiumOne Read Dick Grobs book. He did a complete investigation on the day Elvis died. He spoke with the maids and the guys etc. He also spoke with a reporter who he invited to Graceland , who told him while Billy Smith was also there listening that they were tipped off by Ginger to expect big news coming out from Graceland. She was paid 40 grand . Maids also said that Elvis phone line was lit up at 12:30 and at 1 pm. They also heard the upstairs bathroom water running from Elvis girlfriends bathroom. When Ginger finally called down for help she was all dressed up with make up on. Yet, she supposedly rolled out of bed and found Elvis dead on the bathroom Floor. Oh yeah, she and her mother made some cash that day.