BOXING

Poverty Bay Herald, Volume LV, Issue 16914, 1 April 1929, Page 8

BOXING

LOUGRAN'S BATTLE RISKED TITLE FOE £3OIO Tommy Loughran, the light-heavy-weight champion, has the distinction of having risked his pugilistic crown for the lowest financial result since the cauliflower art entered the realm of big business. For his fight with Micky Walker he received a gross purse of £3040. Walker received £IO.OOO for the fight, the disproportion between the financial returns to Loughran and Walker being explained by the fact that Loughran agreed to take ;,_ per cent, of the net gate for the light, froim which he has to pay Walker the stipulated sum of £IO,OOO, in the event ot Walker losing. Another feature of the unusual 1 agreement was that if Walker won the light-heavy: weight title, ho was to ge.t only £2OOO as his end of the purse. The attendance at the match must have fallen a. long way below Loughran's estimate, since otherwise he would hardly have taken the very appreciable risk he did, in meeting \Valker in a championship bout. Mi/key Walker lost the fight on points, and there were some among the audience who thought he had held a winning margin of points. Apparently Walker has added to his accomplishments of first-class fighting and boxing that of business acumen. The title would have been worth more to him than the actual purse he received for the recent light with Loughran, and in any case, ho has the money and /the likelihood of another tight in prospect.