On This Day

  • The fight had originally been set for Caracas, Venezuela, on the basis that all taxes would be waived. But the night before the match, Hank Schwartz, vice-president of Video Techniques, the theater-TV outfit that beamed the fight out into the world, was handed a government memo saying that some taxes would be assessed. The next afternoon, Aldemaro Romero, who managed the Poliedro fight arena, assured Schwartz that the tax problem had been solved, that the Poliedro would put up a tax bond. The day after the fight, the government insisted on collecting 18 percent of the purses guaranteed to the fighters. To enforce the demand, Venezuelan authorities stopped the fighters at the airport and said they couldn't leave the country until they had posted bonds for the tax money. Robert McClintock, United States Ambassador to Venezuela, was enlisted to mediate. Norton posted bond and was able to leave on March 29, but Foreman wasn't able to leave until April 2. He was finally allowed to exit the country after paying $300,000 to the Venezuelan government. The fight became known as "The Caracas Caper."

  • Foreman's purse was $700,000, and Norton's was $200,000.
 
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