Cus would not deal with the 20th Century Boxing Club, this limited his options. He also brought a mob guy in on later promotions, he was no saint but a canny, shrewd guy, who lived by his own code.
How did this work then ? Where did Rademacher get the quarter million dollars ? Was he a wealthy man ? He lost money on this fight ?
The original post is not exactly the true story. Rademacher didn't pay a penny for the fight. The people backing him did it, and how it came about is a fascinating story. It was told by Sports Illustrated. http://sportsillustrated.cnn.com/vault/article/magazine/MAG1133284/1/index.htm