The song is the top single off the album Daltrey, it reached number five in the UK Singles Chart but failed to chart in the US. Daltrey would never beat this chart position in the UK throughout his whole solo career.
The British release, with considerable airplay of "Giving It All Away" (first lines "I paid all my dues so I picked up my shoes, I got up and walked away") coincided with news reports of the Who being sued for unpaid damage to their hotel on a recent tour, including a TV set being thrown out of the window.
Leo Sayer would later do his own version of the song on his second album Just a Boy, with another track from Daltrey, "One Man Band". Just a Boy was released in 1974 and later he performed the songs live back-to-back.
^Thomson, Dave. "Daltrey". Allmusic.com. Retrieved 5 January 2014.