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| t 1 ‘ ee Sele de eet eereee: nee Od Garland Cherry (left), lawyer for the promoters of Liston’s fights, testifies before the Senate subcommittee investigating boxing. At Cherry's elbow: Liston’s adviser, Jack Nilon. Intercontinental Promotions, put it: ‘The reality of the situation is such that if we desire to hold a fight in any state, the chances are that the boxing commission of that state would meet us at the plane.” Nevertheless, the corporation failed to notify the Miami Beach Boxing Commis- sion, a WBA affiliate that licensed the match, of the rematch provisions. ‘Was the commission not told in order to avoid trouble with the authorities?’’ inquired Sen. Kenneth Keating, Republican of New York. ‘Precisely right,” Cherry re- sponded. There is another problem. Interconti- nental’s right to promote Clay’s next fight is not necessarfffa*fematch clause. It can name Liston as the challenger, but it doesn’t have to; it can name anyone else it so desires. And rematch clauses are illegal under the Federal antitrust laws only if they are proved to be instrumental in the monopolizing of a championship by one fighter or promotional group. Intercontinental’s right to promote Clay was a condition Clay’s sponsors had to agree to in order to get last Febru- ary’s fight, however. Intercontinental also demanded that half of Clay’s purse from the championship bout, amounting to about $225,000, be placed in escrow to insure that he shows up for his next bout, Gordon Davidson, an attorney for Clay’s sponsors, testified. ‘This escrow was jammed down my clients’ throats,” he told the subcommittee. He explained that Liston had had to agree to a some- what similar escrow arrangement before his first fight with Floyd Patterson in the event Patterson wanted a rematch. Cherry testified that Liston’s chances for the rematch depend on how his arm heals and the outcome of his recent ar- rest in Denver on charges of speeding and mereeree