The band formed in Gainesville, Florida, home of the University of Florida (The Gators). The first version of the band was called Mudcrutch, and included Petty and Campbell. They became popular in Florida, and occasionally played shows with another Florida band, Lynyrd Skynyrd. The only Mudcrutch song released was a single called "Depot Street."
Petty went by "Tommy Petty" until he started releasing albums - he went with "Tom Petty" because it looked better in print. Friends from before this time called him "Tommy."
When they made their album Hard Promises, MCA wanted to sell it for $9.98, which was $1 more than what most albums cost. Petty protested and threatened to name the album "$8.98," so the label backed off and released it at the lower price. Petty's vehemence in releasing the album at the $8.98 price is reflected on the Hard Promises album cover. In the lower right-hand corner, there are albums in a record bin. The album at the front of the right side of the bin shows the $8.98 price.
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