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
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.'