Joe Frazier 'Cloverlay, Inc.'

Not a bad deal.

 

Larry Merchant had a stake in Cloverlay.

 

Thanks for the info. I'm always interested in Joe and Philly fighters in general.

 

I'm skeptical about business groups looking to invest in a hot commodity. Why? Because it is simply pure business that relates to making money.

The members of Cloverlay were all into making money. They sheltered and protected Joe Frazier not because they cared about him, but more so cuz Joe was making them money.

If Cloverlay was such a band of brothers all on the same team and caring for each other, why did Joe eventually back out and and carry on without his friendly investors after 1971??

I'll tell you all why, because Joe Frazier was tired of seeing business folks behind a desk during a meeting taking his hard earned money...

I've noticed in businesss that friendship and trust only lasts until all the players become rich or capable of going out on their own...

Once a star or celeb gets rich and famous, no more sharing hotel rooms or sharing limo rides with one another...

I'll bet you that when Joe Frazier announced he was no longer gonna need Cloverlay's support and backing, the members of Cloverlay were pretty bummed...

MR.BILLshock:

 

Oh, I know Frazier was broke in '65 as a young pro, and that is why he needed the backing. However, after his name and career took off, Frazier signaled an end to Cloverlay in the early 70s and went about his business with Yankee Durham and Edward Futch...

As it was, Frazier never handled his financies all that well, because he was hurtin' for cash by the early 1980s when handling his boy Marvis and a few other fighters careers...

Again, Cloverlay gave him a great start in the beginning, but like all great things, **** happens and relations get cancelled...

MR.BILL:deal

 

I'm just rambling off the top of my head right now, I haven't researched or looked over Frazier's career in a long while, but I think Frazier had already pulled the plug on Cloverlay prior to his defense in 1973 to George Foreman. Its my belief that Joe Frazier didn't want to slice that purse into anymore slices than what was actually called for.. And, as time went on, Frazier also banked good cabbage in 1974 thru 1976 with sizable fights with "Ali, Quarry, Ellis and Foreman." Cloverlay didn't see that cabbage at all...
:good:hey

MR.BILL:hat

 

It was either 1972 or 1973 that Frazier cancelled out on the boys of Cloverlay. I do recall that he bought them out as well. Still, despite the buy-out, I'm sure the boys would rather have stayed on and continued to get paid by Frazier's future fights... However, by staying together in 1972 or by 1973 was no longer a benefit to Joe Frazier... Again, Frazier wanted to gross and keep more of his earnings by trimming the fat at the office... I fully understand his thought pattern there...

MR.BILL:hat

 

They didnt want to make any money off of this they just wanted to see Joe succeed and by God we need to thank them for Joe Frazier.

I usually dont like Larry Merchant but i praise him for this and another thing i liked what he said about Joe was he called him a "truth machine" if you were not in supreme condition he would find it out. Which i think is correct..... unless your George Foreman.

 

No organized group of investors put up money just for the sake of seeing some poor ******* with potential to merely succeed... That's way too Disneyland for me...

Cloverlay was there for Joe Frazier because they saw $$$ signs in Joe's fighting ability...

And, George Foreman at 217 pounds was in great shape in 1973 when he smoked Joe in rd. 2 down in Jamaica... It was Joe who was in questionable condition and 215 pounds...
:good:yep:deal

MR.BILL:hat