Monday, Feb. 25, 1924
Wills-Firpo?
Harry Wills, Negro heavyweight of New Orleans, and Luis Angel Firpo, Pampas Bull of the Argentine, tentatively agreed to fight for a consideration of $250,000, 25% of the cinema rights to each.
The Promoter. Neither Tex Rickard nor Max Reinhardt is to stage the great spectacle. Lew Raymond, first named Lewis, a gentleman experienced in making matches before the Pioneer Athletic Club of Manhattan, a face as well known on Mulberry Street as J. P. Morgan's is on Wall Street, assumed management of the event for three friends, "each capable of the dizziest finance." So Mr. Raymond, who is credited with a melodious Neapolitan accent, is arranging the details, while 2,000 miles away Shelby, Mont., basks silently in Winter snowfall.
Time and Place. An arena, seating 115,000, will be built in Connecticut, "not more than one hour from Grand Central Terminal, Manhattan." That indicates the Stamford neighborhood. Connecticut is the most desirable state because it puts no limit on ticket prices. In New York and New Jersey, $15 would be the limit for a Wills -Firpo (non - championship) match. July 19 is mentioned for a date.
Tex Rickard (promoter of the Dempsey -Willard, Firpo -Willard, Dempsey-Firpo fights) laughed at the new promoters with indifferent scorn. He said they could not pos-sibly make money if they gave $500,000 to the fighters. He calculated that $600,000 would be the maximum receipts under most favorable circumstances, whereas expenses, including the $500,000 would approach, if not exceed, $1,000,000. Mr. Raymond is figuring on $2,000,000 receipts.