8511 - Steely Dan Signed Management Contract

Steely Dan Signed Management Contract DS, one page, 8.5 x 11, January 1, 1973. Management contract between Steely Dan and International Famous Agency, in which the band engages the agency as its “sole and exclusive representative, agent and manager throughout the world” for a term of one year, in exchange for 10 percent of its gross compensation, or 15 percent for “one nighter” engagements. Signed on the front by Jeffrey “Skunk” Baxter on behalf of “Steely Dan, Individually & Collectively,” and signed on the reverse above their typed names by the rest of the original lineup: Walter Becker, James Hodder, Dennis Dias, Donald Fagen, and David Palmer. In very fine condition. Accompanied by a full letter of authenticity from REAL. Founded by Becker and Fagen, Steely Dan broke through with their 1972 debut, Can’t Buy a Thrill, featuring the hits ‘Do It Again’ and ‘Reelin’ in the Years.’ This contract dates from the months leading up to their second album, Countdown to Ecstasy, released that July. The six-man lineup did not last: Palmer departed during 1973, and by 1974 the band had largely stopped touring to concentrate on studio work, leaving Becker and Fagen as its core. International Famous Agency merged with Creative Management Associates in 1975 to form International Creative Management.