Reader Ad Slot
Reader Ad Slot placeholder
If you would like to support SpookStack without paying out of pocket, please consider allowing advertising cookies. It helps cover hosting costs and keeps the archive free to browse. You can change this choice at any time.
Charles Sonny Liston — Part 3
Page 25
25 / 28
\
tarrying a concealed weapon. ‘FRere-hes .
been talk of an elimination tournament
among Patterson, twice heavyweight
champion, Doug Jones, Eddie Machen, and
Cleveland Williams, all top-ranked fight-
ers, to determine the next challenger.
The subcommittee members ‘were in-
terested in other of the organization’s
pre-fight activities, also. Much of their
interest centered on Liston’s gift of more
than half his shares of Intercontinental
Promotions to Margolis, a long-time
friend. When the corporation was formed,
Liston received 500 shares—-50 per cent—
with the Nilon brothers getting most of
the rest. Before the fight Liston gave
275 of these shares to Margolis, which
will yield him an estimated $100,000 after
taxes of the Liston-Clay fight income.
“It sounds to me like Liston was
fleeced,’’ Sen. John McClellan commented
acidly. Cherry heatedly denied the sena-
tor’s allegation. Liston, he contended,
‘“‘made a better deal with Intercontinental
than has ever been made in the history
of boxing.’’ Liston’s share, he estimated,
will still total about $500,000 after taxes.
The gift, he continued, was payment for
Margolis’ services in introducing Liston
to Jack Nilon and in helping to form
Intercontinental. ‘‘Isn’t that a rather
large finder’s fee?’’ the senator inquired.
Cherry conceded that it was.
Nilon, who testified after Cherry, ap-
peared to be considerably less con-
cerned about Margolis than the sub-
committee members. ‘‘Personally, I feel
that anyone who can put up with Mr.
Liston’s antics—even if he got the whole
thing—he’d be underpaid,’’ he said. Lis-
ton ‘‘dogged it’? in training, Nilon said,
complained of minor ailments (‘if he
caught cold he acted as if he were
dying’), and surrounded himself with
hangers-on who assured him that Clay
would be too frightened to get off his
stag.
eed?
Oe 2 SRN tt Veer maser
won et
—Broblems of a Fight Managen—__.
Among these hangers-on was gambler
Joseph “‘Pep’”’ Barone, once part owner of
Liston’s contract along with Frank
“Blinky” Palermo, who now is appealing
a Federal conviction for shaking down a
California boxing manager. ‘‘Sonny thinks
an awful lot of Mr. Barone,’”’ Nilon said.
“He thinks Barone is good luck. Sonny’s
very superstitious—he won’t let you throw
a straw hat on the bed, for example.”
This interested Sen. Philip Hart, Dem-
ocrat of Michigan, the subcommittee chair-
man. ‘‘Isn’t it a manager’s duty to train
his fighter and get rid of the hangers-on?’’
he inquired. ‘‘You don’t know Liston, he’s
a very difficult man,’’ Nilon sighed. ‘‘You
have to be around him to appreciate him.’’
The hearings were something of a
break for Ed Lassman of Miami Beach,
the president of the World Boxing As-
sociation. Two days before they started,
Lassman announced that the association
was considering taking Clay’s title away
from him because of his agreement allow-
ing Intercontinental Promotions to handle
his next fight and because his eendct,
re and after winning the champ-
jonship, was a liability to boxing. ‘‘He is
a detriment to the boxing world and a
poor example for the youth of the world,’’
Lassman charged.
Lassman Makes a Hasty Retreat
He got little encouragement from most
of the rest of the boxing world. Spokes-
men for the Illinois and New York state
boxing commissions promptly declared
that as far as they were concerned, the
only way Clay could lose his title was
in the ring.
When the hearings began, Lassman
retreated from his stand and said his as-
sociation would withhold action until the
subcommittee had finished considering
its proposed legislation. He is scheduled
to testify this week and has indicated
that he, too, will urge the establishment
of a Federal boxing commissioner. Wheth-
er this is ever realized, many can agree
with Senator Hart’s statement that box-
ing has become ‘“‘the object of general
public disrespect and distrust.”
: - — JAMES R. DICKENSON
quae ae
Reveal the original PDF page, then click a word to highlight the OCR text.
Community corrections
No user corrections yet.
Comments
No comments on this document yet.
Bottom Reader Ad Slot
Bottom Reader Ad Slot placeholder
If you would like to support SpookStack without paying out of pocket, please consider allowing advertising cookies. It helps cover hosting costs and keeps the archive free to browse. You can change this choice at any time.
Continue Exploring
Agency Collection
Explore This Archive Cluster
Broad Topic Hub
Topic Hub
letter
bureau
Related subtopics
Subtopic
Subtopic
Subtopic
Subtopic
Subtopic
Subtopic