So, a challenger shouldn't have to pay just to get the fight, then split the purse of the fight. That is ridiculous and that is what the old days of boxing were. How was Braddock an underated champion, unless I'm missing something after fighting Baer, his next fight he lost the belt. Seems like he was a weak champ to me.
Louis didn't have to pay anything. You need to understand this. Braddock became a promotional partner with the Garden as part of the deal he made to defend against the first black challanger since Burns entertained Johnson for the title. In his run to the title, Braddock beat a great prospect who was expected to destroy him (Griffin), John Henry Lewis (all time great at 175, Braddock's original weight), Art Laskey (#1 contender), Max Baer (incumbent champion who's reign of terror as challanger was unequalled by anyone other than Louis and Tyson), before losing in a competitive fight to Joe Louis (one of the best fighters ever) having dumped him on his ass. He then beat top 10 contender Tommy Farr. His skills had been vastly improved by years of fighting with broken hands and doing manual labour on the docks in one of the most astonishing stories in boxing history. "Someone like Jim Braddock" is just what the heavyweight division needs.