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The New York Daily Mirror reports that the U.S. Justice Department is investigating the International Boxing Club for possible monopolistic practices, questioning figures like Ray Robinson and Jim Norris, with the Kefauver Committee influencing the probe.
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N. Y. Paper Says Justice Department Probes IBC
NEW YORK, Sept. 26 (INS)-- The New York Daily Mirror said today the justice department is investigating the International Boxing Club for possible "monopolistic" practices.
In a copyrighted story, the Mirror said federal agents have been questioning many of the top names in boxing, including middleweight champion Ray Robinson and IBC President Jim Norris.
Robinson said to be a "key" witness for the government. The story said Sugar Ray presented a facsimile of his contract for the fight with Jake LaMotta last February in which Robinson became bound "exclusively to IBC services."
According to the story, the Kefauver Committee is believed to have been instrumental in forcing the probe.
Norris controls three of the largest indoor arenas in the nation. They are Madison Square Garden in New York, the Olympia in Detroit and the Stadium in Chicago.
IBC operations extend to London and Paris where it has "working agreements" with the British and French promoters.
Norris came into the New York spotlight in 1945 when he purchased the Tournament of Champions.Soon afterwards, Norris bought Mike Jacobs' 20th Century Sporting Club empire.
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Domestic News Details
Primary Location
New York
Event Date
Sept. 26
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The Justice Department is investigating the International Boxing Club for possible monopolistic practices. Federal agents have questioned top boxing figures including middleweight champion Ray Robinson and IBC President Jim Norris. Robinson is a key witness and presented his contract binding him exclusively to IBC services for his fight with Jake LaMotta last February. The Kefauver Committee is believed to have prompted the probe. Norris controls major arenas in New York, Detroit, and Chicago, and IBC has agreements in London and Paris. Norris acquired the Tournament of Champions in 1945 and later Mike Jacobs' 20th Century Sporting Club.