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
Famous quotes containing the words background of, background and/or case:
“In the true sense one’s native land, with its background of tradition, early impressions, reminiscences and other things dear to one, is not enough to make sensitive human beings feel at home.”
—Emma Goldman (1869–1940)
“Pilate with his question “What is truth?” is gladly trotted out these days as an advocate of Christ, so as to arouse the suspicion that everything known and knowable is an illusion and to erect the cross upon that gruesome background of the impossibility of knowledge.”
—Friedrich Nietzsche (1844–1900)
“True and false are attributes of speech not of things. And where speech is not, there is neither truth nor falsehood. Error there may be, as when we expect that which shall not be; or suspect what has not been: but in neither case can a man be charged with untruth.”
—Thomas Hobbes (1588–1679)