Following the controversies surrounding his 1921 match against Lasker, in 1922 world champion Capablanca proposed the "London Rules": the first player to win six games would win the match; playing sessions would be limited to 5 hours; the time limit would be 40 moves in 2½ hours; the champion must defend his title within one year of receiving a challenge from a recognized master; the champion would decide the date of the match; the champion was not obliged to accept a challenge for a purse of less than US$10,000 (about $ in current terms); 20% of the purse was to be paid to the title holder, and the remainder being divided, 60% going to the winner of the match, and 40% to the loser; the highest purse bid must be accepted. Alekhine, Bogoljubov, Maróczy, Réti, Rubinstein, Tartakower and Vidmar promptly signed them.