CARNERA'S MONEY

Poverty Bay Herald, Volume LV, Issue 17234, 14 April 1930, Page 14

CARNERA'S MONEY

THREE "SHAREHOLDERS" £7OOO OF £21,000 FOR HIMSELF ['linio Camera, Italy's mountainous heavyweight boxer, took 95 seconds and nine punches to kmX'k out Jim Sigman,, a South American, at Memphis, Tennessee, which brought his total ring earnings in the United Slates to £14,000. 110 won £12,000 by four previous Amen can lights. It is suggested lhat at this rate Carneiti, who 10 months ago was earning 4s u, day as a carpenter, will soon accumulate ime of the biggest fortunes ever earned in the ring. Actually, he is no better off yet than many less highly paid lighters. He earned approximately £7OOO in Europe, which, added to his American purses, brings bis aggregate receipts to £Zt,OOO, bul it is questionable if Camera has received more than £7oou of tins. This genial giant is perfectly happy so long as he has smart clothes to wear, plenty of pocket money, and adequate rations. The bulk of his earnings go in managerial and other expenses. When Camera receives his cash Julias to meet the percentages which are guaranteed to : (1) His European manager, M. Leon See. (2) His American manager, Mr. Friedman. (3) The promoter of his first fight, Mr. Jell' Dickson, wdio released. Camera from a three-years' contract m return for a perjentage of the boxer's earnings.; Camera was discovered by Raul Journee, an ox-boxer. Whether Journee also takes a percentage is not definitely known, but there are, always sparring partners, a trainer, a masseur and seconds to be paid, and income tax, too. Camera may earn a fortune, but' he will be longer about it than is generally believed.