View Single Post
Old 10-08-2012, 09:02 AM   #29
Senor Pepe'
Belt holder
ESB Addict
Join Date: Mar 2012
Posts: 4,704
vCash: 500
Default Re: 'Compassionate Cassius Clay, To Give Big Cat A Chance'

The Financial Blunder

Poor Cleveland Williams, instead of agreeing to a $75,000 'fight purse' guarantee,
he took the deal with a 'percentage' of the live gate, hoping for a sellout and
massive viewing from the closed circuit outlets, whrre if everything worked perfectly,
he would have gained close to $250,000.

The attendance of the bout was 35,460 - just a bit over half-capacity of the 66,000
seat Astrodome. And rhe closed circuit revenue was 'far less; than had been expected.

Cleveland Williams only received $44,449 for his fight purse. After paying taxes, his owed
debts and manager's fee, Cleveland Williams walked out of the Championship Bout with
only $7471.

Instead of parlaying that fight into getting bouts with other top fighters,
ie; Floyd Patterson, George Chuvalo, Ernie Terrell, and even Sonny Liston -
Cleveland went into a shell for a year-and-a-half, only to return in May 1968.

Cleveland Williams; 'He may have knocked me down '4-times', but I was still on
my feet when they stopped the fight.'
Senor Pepe' is offline  Top
Reply With Quote