Sport: Financial Fighting

That pugilism's economics are wildly unconventional is a tradition of the sport. Last week, the tradition was upheld in two prizefight deals which are likely to be long remembered as champions of their types.

Braddock v. Louis. Biggest fight of 1936 was Max Schmeling's surprising knockout of Negro Joe Louis. Biggest reward for Schmeling was a contract with Madison Square Garden to fight Heavyweight Champion James J. Braddock. Biggest drawback in the plan was the fact that Champion Braddock, faced with the necessity of risking his title for the first time since he won it...

Want the full story?

Subscribe Now


Learn more about the benefits of being a TIME subscriber

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