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The Morning Call from Allentown, Pennsylvania • 39

Publication:
The Morning Calli
Location:
Allentown, Pennsylvania
Issue Date:
Page:
39
Extracted Article Text (OCR)

lHh Mumiminu Call, rmuAr, juiit rwmmtMirmn oirB-otress to cirall: in Coony mro atBoral tody By TOM SEPPY Of The Associcted Press cause, he said, he does not believe he can raise the necessary revenues to do the job. He said he believes the new organization would raise revenues by a tax which "will be borne largely by boxing promoters but will not fall on the promotion of small and marginal events." He said FIST would be statutorily encouraged to accept private contributions and be able to compete for federal education grants. "As we conceive it, FIST would not cost the federal treasury any revenue," said Cooney. "Quite the contrary, it would be a net revenue gainer for federal and state governments because it will lighten their public assistance burdens and produce more skilled workers who will be regular taxpayers." In answer to one last question, Cooney said he believes that Mike Tyson will knock out Michael Spinks "within three rounds, beat him badly, unless Tyson's wife has twisted him somewhat," in their fight in Atlantic City, N.J., Monday night. Currently, 42 states and the District of Columbia regulate boxing; four states regulate it at the city level, and four states don't regulate pro boxing at all.

Cooney told Rep. James Florio, chairman of the commerce, consumer protection and competitiveness subcommittee which has jurisdiction over boxing, that the legislation should be changed to make the minimum standards mandatory and applicable nationwide. "If you leave it voluntary, nothing will be done," Cooney said in answer to a question by Rep. Bill Richardson, one of the bill's sponsors. You will always find someone who will see some financial advantage by ignoring the rules.

"We must recognize that the people who make the most money from boxing, the promoters who handle the few mega-fights, and certain limited segments of the media, for the most part do not have any relationship with the boxers who need safety standards and career training the most," he said. "In deference to these promoters and companies, it is asking a lot to expect them to provide benefits voluntarily to a population of fighters whom they have never even known." Rep. Pat Williams, D-Mont, another sponsor who has sought such legislation for the past 10 years, said Congress should not create a separate entity to oversee boxing because of opposition to the establishment of another federal agency which could lead to the regulation of the sport. Williams suggested that a commissioner be placed in the Labor Department to issue and enforce health and safety standards for boxing. "Let's make it simple," he said.

Cooney retired in 1987 with a record of 28-2, including losses to Larry Holmes in 1982 and Michael Spinks last year. He said some 1,200 to 1,500 of some 12,000 boxers retire each year, often not ready for life outside the ring. For this reason, Cooney said, he has established Fighters Institute for Support and Training (FIST), a non-profit corporation dedicated to help retired fighters begin a productive career outside boxing. He urged the Congress to charter a not-for-profit organization like FIST to help retired prizefighters be WASHINGTON Gerry Cooney, once a heavyweight contender, urged Congress yesterday to create a national boxing authority to establish mandatory, federal regulations for the health and safety of fighters. Cooney, who twice unsuccessfully fought for the title, also called for federal assistance to help retired fighters make the transition to society.

Cooney testified before a House Commerce subcommittee considering legislation to establish the nonprofit U.S. Boxing Corp. to coordinate the sport in the United States and set uniform, voluntary health and safety standards. The corporation also would maintain nationwide data with information on the health and won-lost records of pro boxers, as well as background information on promoters, managers and others involved in the sport. States would have access to the information for their own regulatory purposes.

Tyson an Spinks boo the richest Profits started coming right from the beginning touted a in their locations were slow and said they worried about losing money on the promotion. "It's shot up tremendously this week," Finkel said. "We'll probably do $70 million overall gross on this fight." But Rich Kulis, chairman of Los Angeles-based Choice Entertainment, said the fight will be hard-pressed to top Leonard-Hagler, barring a big last-minute surge of buying. "There's no question it will be a major event, it's doing extremely well on the East Coast," said Kulis, who has the broadcast rights for Hawaii. "But this fight didn't have much promotion and the presales weren't as big as Leonard-Hagler.

It will have to be a real big last-minute thing." Before any tickets were sold to the fight, promoters already were guaranteed $36 million net from various sources, including broadcast guarantees and Trump's site fee. ATLANTIC CITY, N.J. (AP) -The heavyweight championship fight between Mike Tyson and Michael Spinks has long been touted by its promoters as the ultimate confrontation. Now it's being touted as the richest. "This will be the biggest grossing and biggest net fight ever," said Shelly Finkel, who handled the television promotion for the bout.

Promoters are claiming a record live gate of nearly $13 million and a predicted overall gross of some S70 million for Monday night's fight. Tyson will be the biggest beneficiary, pulling down an expected S21-22 million, while Spinks settles for a flat guarantee of $13.5 million for the scheduled 12-round bout at Atlantic City's Convention Center. Some 600,000 households nationwide and another 900,000 closed circuit viewers are expected to pay at least $35 to watch the bout, which promoters claim will top te estimated record gross of some $60 million set in the April 1987 middleweight title fight between Sugar Ray Leonard and Marvelous Marvin Hagler. Nearly 22,000 people will see the fight in person, paying from $100 to $1,500 to see the matchup between the two undefeated heavyweights. Developer Donald Trump, who bought the site rights for $11 million to host it next door to his Trump Plaza resort, said the live gate will near $13 million.

He claimed that is a record not just for boxing but for all sports, surpassing the $10 million gate for the 1987 Super Bowl at the Rose Bowl in Pasadena, Calif. "We've broken the all-time live gate in the history of sports," Trump said. Finkel said pay-per-view and closed circuit sales for the bout picked up dramatically this week, and predicted 12 per cent of the five million homes that have pay-per-view available will subscribe to the fight. As late as last week, some promoters had complained ticket sales such levels that the Atlantis will open its third-level casino, which has been closed for months as the casino struggled to come out of bankruptcy. Other casinos are adding their own events to bolster the busy weekend.

Frank Sinatra will sing at an outdoor concert at Bally's Grand Hotel Casino, and several other casinos have scheduled fight cards to complement the Tyson-Spinks bout. Estimating how much revenue the fight will bring to the area "in terms of dollars and pennies is difficult," said John Fox, a spokesman for the Atlantic City Convention Visitors Bureau. "Trump estimated that it would be around $80 million." The real beauty of the fight lies in the fact that it was scheduled the week before the July 4 holiday, traditionally one of the slowest weeks of the summer, Fox said. "This fight is beautifully timed," he said. Trump himself might not receive the direct profits that neighboring casinos might reap, because he has the overhead cost of sponsoring and promoting the fight.

"But even considering the additional expenses we'll incur, the shortfall out of the arena will be overcompensated by the additional play in the casino that night," Etess said. "Donald also takes into account the enormous publicity and the substantial amount of casino play that we've gotten since the fight was announced. "After this fight was announced, people said, 'What are you going to do now to top Etess said. "Right now, I'm temporarily stumped, but when you work for a guy like Donald Trump, you don't lose sleep over something like that" The fight's economic effect also extends outside the region, as closed-circuit and pay-per-view television will carry the bout worldwide. The floor of the Convention Center will hold 22,000 seats, compared to the configuration for previous fights.

Stephen Hyde, chairman of Trump Plaza and Trump's Castle casino hotels, has joked that he and his staff made only one mistake in their fight preparations they should have charged much more than $1,500 for ringside seats. "It's been a nightmare," he said. "Now we're in a situation where we've got ultra-high rollers who didn't tell us that they were coming, and now where do we put them? "We've got people who have never had to stay anywhere but a suite before who are going to be staying in a regular room," Hyde said. "Interestingly enough, most of them don't care. They just want to make sure they have a ticket." Trump Plaza's casino floor is jammed before and after such fights in the Convention Center.

But on the other side of the Convention Center, Elsinore's Atlantis Casino Hotel "expects a very significant influx of players before and after the fight," spokesman Robert Arrow said. "This fight will bring in thousands of people who ordinarily would not be here on a Monday." Business is expected to reach By JOYCE A. VENEZIA Of The Associated Press ATLANTIC CITY, N.J. Profits from next week's heavyweight title fight between Mike Tyson and Michael Spinks began pouring into Atlantic City as soon as the event was announced, a fight organizer says. "We've gotten an enormous amount of casino play in the past few weeks as our customers were jockeying for position, trying to get the best seats, said Mark Etess, president of Trump Plaza Hotel and Casino, which is sponsoring the fight.

Donald Trump's casinos will probably reap most of the profitable benefits from the fight but his neighbors also will happily share in the windfall. The other 11 casinos in this seaside resort are booked to capacity through Monday, and many guests have extended their stay for a few days afterward. Most local hotels and motels including those outside the city limits will light the "No Vacancy" signs, meaning that most of the 16,000 bedrooms-to-let in the Atlantic City region will be filled. Casinos that ordinarily close some restaurants on Monday nights will keep them open for extended hours on fight night. USAir and Piedmont airlines report flights into Atlantic City are booked for this weekend.

Hernandez finished 52-66, leading the 84-85 squad to a 25-15 mark and fourth place in the state. Fernandez is a 1980 graduate of Montclair St. University and was a graduate assistant coach at East Stroudsburg before joining Coach retires Ken Fernandez, men's and women's swimming and men's volleyball coach at Kutztown University, has resigned from his posts, the university announced yesterday. Fernandez, 30, had been with Kutztown since 1984. Fernandez led the men's swim team to a 23-16 record over four years, including a 7-2 mark in the 84-85 season and a fitfh-place state finish.

His record with the women's team, since its inception three years ago, was 16-11. The club recorded its best mark last year, 9-1. With the volleyball program, Ik Rl61iIsLlr1rslS Recharge up to it I 2lbs ofFron mm A A UMIMMI 1 AK-Smmo R. LSk. M.ooo HI.

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Pages Available:
3,111,872
Years Available:
1883-2024