Lyric discussion by Cumaris 

Cover art for Deadline lyrics by Blue Öyster Cult

According to Albert Bouchard, the person in question was booking agent Phil King (who booked gigs for the band before they were signed to Columbia).

Phil was apparently pressuring this guy to pay back a gambling debt, and the guy ended up shooting him. Phil King is also mentioned in the song, "Hot Rails to Hell" (in the lyric, "The King did not know").

Allen once described Phil King (also known as Phil Friedman) as a "big dude in a cheap vinyl leather jacket, two-tone blue '64 Lincoln Continental, wore a Fu Manchu mustache, combing his hair at all times, he had a perfect Shaft hairdo, chrome shades he never took off, wore 'em to bed..." Soon after BOC's first album was released, Phil was able to convince a New York DJ to play "Cities On Flame With Rock And Roll" on the radio.