Sportswire Dec 29 2016
SAY IT AIN'T SO JOE
A legendary boxer faces the winter of his discontent.

The National Police Gazette asks on a cover from this month in 1950 “What Will Happen to Joe Louis?” It's a poignant question. Louis had earned more than $4 million during his boxing career (about $40 million in 2016 money), but thanks to predatory managers and slimy handlers had received only about $800,000 of it. However, his gross earnings left him with a huge tax bill, forcing him to fight past his prime in an attempt to pay off the debt. In September 1950 he met Ezzard Charles and was thrashed. For his pain he earned just over $100,000—not nearly enough to pay off the government. Left with no choice, he decided to shoot for another big payday. First he notched several wins again club level fighters, then booked a bout against another top boxer. That boxer was twenty-seven year old Rocky Marciano, and the meeting ended with Louis being knocked clean out of the ring. So, getting back to the Gazette's question: "What will happen to Joe Louis?" What happened is he retired and became an exhibition fighter, still carrying that heavy debt, and he never paid it off.

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History Rewind
The headlines that mattered yesteryear.
December 18
1912—Piltdown Man Discovered
A hominid fossil known as Piltdown Man is found in England's Piltdown Gravel Pit by paleontologist Charles Dawson. The fragments are thought by many experts of the day to be the fossilized remains of a hitherto unknown form of early man, but in 1953 it is discovered to be a hoax composed of a human skeleton and an orangutan's jawbone. The identity of the Piltdown forger remains unknown, but suspects have included Dawson, Pierre Teilhard de Chardin, Arthur Conan Doyle and others.
December 17
1967—Australian Prime Minister Disappears
The Prime Minister of Australia, Harold Holt, who was best known for expanding Australia's role in the Vietnam War, disappears while swimming at Cheviot Beach near Portsea, Victoria and is presumed drowned.
1969—Project Blue Book Ends
The United States Air Force completes its study of UFOs, stating that sightings are generated as a result of a mild form of mass hysteria, and that individuals who fabricate such reports do so to perpetrate a hoax or seek publicity, or are psychopathological persons, or simply misidentify various conventional objects.
December 16
1985—Gotti Ascends to Mafia Throne
In New York City, mafiosi Paul Castellano and Thomas Bilotti are shot dead on the orders of John Gotti, paving the way for Gotti to assume leadership of the powerful Gambino crime family. Gotti is eventually arrested by federal authorities in 1990, and dies of throat cancer in 2002 in a federal prison hospital.
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