You don't often get to read SEC documents guesstimating how much money a dead idol will make in the future.
But today's our lucky day: Witness this filing from CKX, which owns an 85% stake in Elvis Presley Enterprises -- basically the rights to run Graceland and license the King's name. Not included: The rights to sell most of Elvis' actual music.
But even without the ability to sell his songs, CKX says Elvis will generate $68.8 million for them this year. Not bad for a guy who died in 1977.
But the future looks even brighter: CKX says that Elvis hotels, casinos and other projects will bump that number up to $189 million by 2013.
Which makes Frank Sinatra's $50 million payday last year look like bupkis.
Posted: 7th. March 2008