 Presley did not fire Parker onstage. The climax of the film comes when Presley learns of Parker's wrongdoings and selfishness and decides to retaliate live onstage during one of his Vegas shows. Presley rants about Parker's illegal alien status and reveals his gambling debt before firing him as manager for the entire audience to see. Presley never fired Parker publicly, but he did have an onstage meltdown at a Vegas show over the firing of a kitchen employee that he liked. It was after this altercation that Presley and Parker did have an argument that resulted in Parker's firing, according to Alana Nash, author of Parker's biography. After the firing, did Colonel Parker send Elvis an itemized bill for $8 million? He did give a bill to Elvis and his father and business manager, Vernon Presley, for money he had spent or advanced to the star. The amount of that bill is uncertain. Most estimates have been in the $2-5 million range. The movie's version is much higher than that. Regardless of the total, the outcome was the same. Elvis and Vernon went back with the Colonel, rather than either pay the bill or challenge his accounting.