The Band was not that well known or prominent before “The Last Waltz” film. They became a critic’s favorite but the average listener had never heard of them or knew one or two songs from FM radio. It is odd to think that an older musician from an earlier generation would have possibly cared about them, or even heard of them. It strikes me as impossible that Elvis’ music was influenced by them. Rolling Stone magazine reported at the time that George Harrison and Eric Clapton liked The Band’s first albums. That was more like obscure, odd bits of trivia than it was an indication that The Band was influential on other musicians.