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433

Muhammad Ali Contract Signed

Currency:USD Category:Collectibles Start Price:1,000.00 USD
Muhammad Ali Contract Signed
Document signed ''Cassius Clay'' and dated 14 October 1969, contracting Ali to fight Joe Frazier -- what would become the ''Fight of the Century.'' Agreement between Ali, Sports Action, Inc., and promoter Harold Conrad lists five particulars for the bout: ''1. Clay agrees to engage in a 15 round boxing contest against Joe Frazier for the World Heavyweight Championship...2. The said bout shall be held in Las Vegas, Nevada, during the month of February 1970. 3. Promoter agrees to pay Clay forty percent...of the net proceeds derived from the live gate...4. Promoter and Clay agree that SAC shall have exclusive world-wide television, radio, and motion picture rights to the bout (the 'Ancillary rights'). Sac agrees that it will pay Clay forty percent...of the net ancillary proceeds derived from the bout...which shall, in no event, exceed $100,000.00. 5. The obligation of Clay hereunder to Promoter and SAC shall terminate if Promoter fails to obtain...a license for Clay to fight in the State of Nevada and if Promoter fails to obtain the approval of the State Athletic Commission of Nevada of the bout between Clay and Frazier.'' Signed at the conclusion in blue ballpoint by Ali, ''Cassius Clay.'' Single page, perfect for framing, measures 8.5'' x 11''. In fine condition, with two punch holes to top edge.
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