In the year 1955, Elvis's contract with Sun Records was sold for a hefty sum - at the time - of $35,000.
This amount represented the highest amount ever paid for a musician's contract which showed just how popular Elvis had become. Elvis even pocketed $5,000 from the deal.
In conclusion, it was a sum of $35,000.
Find out more about Elvis at https://brainly.com/question/8234632.