Background of The Case
In January 1949 James D. Norris and Arthur Wirtz, who controlled boxing at several major arenas including Madison Square Garden, Chicago Stadium and Detroit Olympia, paid the recently retired Joe Louis $100,000 for four fighters he managed. They agreed that those fighters would fight it out among themselves for the new heavyweight title, and in return fight only in matches Norris and Wirtz promoted for several years.
This gave them an effective monopoly on all major boxing matches save those in the flyweight and bantamweight divisions. From 1949 to 1955 all but four championship fights took place under their control. They also secured exclusive television contracts for twice-weekly fights at the Garden, at a time when boxing was increasingly coming to depend on television revenues.
Read more about this topic: United States V. International Boxing Club Of New York
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