ET looks back at Priscilla Presley's speech at the opening of Graceland in 1982, where she said Elvis would have been 'very happy' to know fans could visit his iconic Memphis estate. Priscilla and the King of Rock and Roll lived on the property for several years, along with their daughter, the late Lisa Marie Presley. At one point, Priscilla laughs when asked if Elvis' infamous manager, Colonel Tom Parker, was invited to the ceremony.