Jersey Joe Walcott Charles prevailed, winning by decision in 15 rounds. Walcott, disappointed but eager to see his dream of being a champion come true, went on, and in 1950, he won four of his five bouts, including a three-round knockout of future world light heavyweight champion Harold Johnson. On March 7, 1951, he and Charles fought for a second time and again Charles won a 15-round decision to retain his world title. But on July 18, he joined a handful of boxers who claimed the world title in their fifth try, when he knocked out Charles in seven rounds in Pittsburgh, to
Joe Louis the attendance did not meet expectations, the fight was still the most profitable of Louis's career to date. His share of the purse was $600,000, of which Louis' managers got $140,000, his ex-wife $66,000 and the U.S. state of New York $30,000. After trouble finding another suitable opponent, on December 5, 1947, Louis met Jersey Joe Walcott, a 33-year-old veteran with a 44–11–2 record. Walcott entered the fight as a 10-to-1 underdog. Nevertheless, Walcott knocked down Louis twice in the first four rounds. Most observers in Madison Square Garden felt Walcott dominated the 15-round fight. When Louis was declared the