Barbados Joe Walcott as he entered the ring, appeared to be the favorite. Walcott sent Ferns to the floor twice in the fifth round, the first a solid blow to the jaw. Rube took the count both times. At the end, the referee stopped the bout to prevent a knockout. Ferns began to weaken as early as the third round, and in the fourth Walcott sent Ferns through the ropes. The bout featured a clinch in the fourth round that brought both boxers to the mat, possibly a result of a tiring Walcott attempting to counter Fern's six inch height advantage and superior
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