In the live performance of "Reeling in the Years," which showcases Steely Dan's signature blend of rock, jazz, and sophisticated lyrics, the band was at a pivotal point in their career during the 1970s. This performance corresponds to the era following the release of their album "Can't Buy a Thrill" (1972) and during their work on subsequent albums. Notably, "Reeling in the Years" is one of the standout tracks from the debut, which helped establish their reputation for complex musicianship and catchy melodies. By this time, Steely Dan had already begun to cultivate a distinct sound characterized by intricate arrangements and studio finesse. The band members, Donald Fagen and Walter Becker, were known for their meticulous recording process, often using top session musicians, which added to the album's polished aesthetic. This live rendition is a testament to their ability to translate studio sophistication into an engaging live performance.