[citation needed] The album was a commercial success, spawning three hit singles: the title track, "Take the Money and Run" and "Rock'n Me", and eventually received a quadruple platinum certification from the Recording Industry Association of America (RIAA).

Fly Like an Eagle was voted number 400 in the third edition of Colin Larkin's All Time Top 1000 Albums (2000).

[10] Stephen Thomas Erlewine in a retrospective review for AllMusic felt that "the focus brings about his strongest set of songs (both originals and covers), plus a detailed atmospheric production where everything fits."

The CD is digitally remastered and includes three bonus tracks and a bonus DVD features a concert performance at Mountain View, California's Shoreline Amphitheatre in 2005 with over two hours of music in 5.1 Surround Sound (Note this surround mix is not based on the QUAD mix as track 1 and 6 are not different from the standard releases).

The DVD also features a lengthy interview with Steve Miller, archive footage, never-before-seen photographs, and early demo recordings.