Joe Frazier 'Cloverlay, Inc.'

Frazier did what he had to do. Not a whole lot of opportunities for boxers to make alot back then. After Joe won the Olympic gold medal a radio dj told people to donate gifts to Joe for Christmas to have for his family. Just no money

 

i am surprised joe stayed with these overpaid people so long i would of left after they asked for 35 percent i would of thrown them flying out of the office door:yep:think

 

This "Cloverlay" group seems and sounds legit, but I still cannot help feeling that somehow they were milking Joe Frazier pretty hard in some manner of circumstance. I have never liked it when a fighter signs a piece of paper called a contract and he has hands and arms from all angles getting a piece of his action, etc...

I think Joe Frazier could've made more money and done just as well had he bought out his investors earlier in 1970 or 1971 and simply carried on with his manager / trainer Yankee Durham and some reputable lawyer from downtown Philly... By the 1970s, Joe Frazier's name was big and solid as gold; he didn't any hyping anymore...

MR.BILL:bbbhat

 

What about uncle Sam's chunk from Joe?:huh

MR.BILL:deal

By the time all the guys were through cutting Joe's check to pieces he could barely afford a hotdog and a shake...
:admin

 

However, Ali was being taken for a ride by the Nation of Islam and that gang of religious crooks...

MR.BILL

 

At the time of his pro debut, Joe frazier would have been seen as a hot commodity, well known around USA and succesful in term of acheivement therefore he wasnt a 100% sure bet to succeed but it was very likely and so the effect that this had allowed people with that extra income to take that calculated risk.

Maybe the investors wanted to helkp him out but their primary concern was all about the money and no one can deny this, at that time Frazier would have been seen as a horse not literally but figuratively.

I.e. the people who would have bought shares back then would have been affluent wealthy men alot in the middle ages and apart from joe frazier earning hem money another reason they would have had him is to brag.

"Giles you never know who i have shares in"


"huh the president"

"No someone from the olympics"

"joe frazier"

"Yes you have it."

To completely say that they wanted to help that local lad is naive.

But they made a hell of an investment and propelled one of the best heavuweights of all time into what he is known for today, it could have been different.

 

Correct me if i am wrong but 45 years ago wasnt that a few weeks wages?

An amount people with only certain amount of surplus could afford.

Im not denying that some of them actually wanted to help Joe to better himself hisncareer and make his town proud but i can just imagine a few of those 80 investors at least playing golf and talking about their last purchase on the DOW.

Are Cloverlay still trading?

 

i just dont know how they asked and got 35% to me that is not reasonable joe was an olympic champ he would of made good money without the cloverlys:yep:think

 

Joe never had a fight plan and that's why he's such an inspiration. A guy that small fighting in an era that good with that style...AND getting to the top of the mountain in the process. Amazing.