The song is fondly remembered from a 1982 album of uniform quality and sophistication.
Recorded live at the Orpheum Theater in Boston, the track will feature on the in-concert album, due on September 24.
‘He was cynical about human nature, including his own, and hysterically funny,’ said his longtime creative partner Donald Fagen.
Following ‘I.G.Y.,’ it's the second performance recording, by the Steely Dan Band, of a song from his classic 1982 album.
'Northeast Corridor: Steely Dan Live!' and a live edition of Donald Fagen's 'The Nightfly Live' will also be released through UMe on September 24.
The day the rock sophisticates hit the Hot 100 with the story of a crooked speculator.
Rosanne Cash, Donald Fagen and the late Chick Corea are among the other stars featured in a new video clip.
'Pretzel Logic' became their first US Top 10 album, propelled by the biggest hit single of their career, 'Rikki Don't Lose That Number.'
Few recording outfits have created an ambience of such refinement and individual style as the outfit founded by Donald Fagen and the late Walter Becker.
The song typified Steely Dan's move towards an ever-jazzier sound, and added the distinctive voice of a frequent collaborator.
Produced by longtime collaborator Gary Katz, the album went on to be the band’s most successful, and their first platinum disc.
The jazz rock duo founded by Walter Becker and Donald Fagen found great commercial and critical success with their unique sound.
The band will perform many of their classic LP's in their entirety including: ‘The Royal Scam’, ‘Aja’, ‘Gaucho’ and Donald Fagen’s solo album, ‘The Nightfly’
A ceremony included the dedication of a street in the Forest Hills neighbourhood of Queens, New York where Becker grew up.
The tour calls at Glasgow, Manchester, Birmingham and London's SSE Arena before concluding in Dublin.