Elvis signs his first, life-changing contract with RCA Records

20th November 1955

Elvis signs his first, life-changing contract with RCA Records in the historic Peabody Hotel, Memphis. Colonel Tom Parker negotiates the sale of Elvis's Sun contract to RCA, which includes his five Sun singles and other early Elvis songs that are unreleased Sun material. The price is an unprecedented $35,000, with a $5,000 bonus for Elvis. Not yet old enough to legally sign the agreement, Elvis’s proud parents signed on his behalf.