DEMPSEY, JACK-GEORGES CARPENTIER SIGNED MEMORANDUM OF AGREEMENT (1921-JSA AUTHENTICATED)

HISTORY: Georges Carpentier fought Jack Dempsey for the Heavyweight Title on July 2,1921 in front of over 80,000 people at Boyle's Thirty Acres in Jersey City, New Jersey. Dempsey won the fight by stopping the smaller Carpentier in the 4th round. This was the first million dollar gate in boxing history. After signing Dempsey and Carpentier, promoter Tex Rickard borrowed $250,000 to build a 91,613-seat stadium in Jersey City, New Jersey. The stadium was built in nine weeks on a piece of land known as Boyle’s Thirty Acres. Octagonal, it covered seven acres. The final row of bleachers rose 34 feet from the ground and was 312 feet from the center of the ring. Tickets were priced from $5.50 to $50. After the fight sold out, Rickard said he should have doubled the prices. This was boxing's first million dollar gate, generating $1,789,238. Dempsey was guaranteed $300,000 and Carpentier $200,000. Each man received 25% of the motion picture rights. Rickard promoted the bout as "The Fight of t