Sport: On the Ropes

Squared off with U.S. attorneys intent on proving it an illegal monopoly, the International Boxing Club (James D. Norris, Pres.) caught a legal haymaker. Boxing may be a sport, decided Manhattan's Federal Judge Sylvester J. Ryan last week, but it is also a big and far from benevolent business, and promotion of championship bouts is monopolized by the I.B.C. in violation of the Sherman antitrust laws.

The I.B.C. controls most of the country's biggest fight arenas from Manhattan's Madison Square Garden to the Chicago Stadium and Detroit's Olympia Arena. It holds exclusive contracts with...

Want the full story?

Subscribe Now


Get TIME the way you want it

  • One Week Digital Pass — $4.99
  • Monthly Pay-As-You-Go DIGITAL ACCESS$2.99
  • One Year ALL ACCESSJust $30!   Best Deal!
    Print Magazine + Digital Edition + Subscriber-only Content on

Learn more about the benefits of being a TIME subscriber

If you are already a subscriber sign up — registration is free!