On this day in 82' WBC champion Larry Holmes 39-0 29KOs made his 11th title defense, (10th by KO) against Gerry Cooney 25-0 21KOs. This was one of the most anticipated fights in boxing history. Each man guaranteed 10M $. The fight would take place at Caesars Palace in Las Vegas, Nevada, and be televised live on closed-circuit and pay-per-view television all over the world. Promoter Don King began one of the most massive promotional campaigns in boxing history to raise public interest for the fight. Holmes and Cooney attended press conferences in several U.S. cities, boxed exhibitions, and sat for numerous interviews. Also, since there had not been a white World Heavyweight Champion in twenty-two years, King put a lot of emphasis on race. “This is a white and black fight,” King said. Holmes began receiving death threats in the run-up to the fight and his property was vandalized. Also, the Ku Klux Klan staged rallies in support of Cooney. On the night of the fight, snipers were put on rooftops overlooking the outdoor ring. The fight broke the record for a live gate at nearly 8M. Holmes and Cooney are now friends, and Holmes has helped Cooney with F.I.S.T. (Fighters’ Initiative for Support and Training), an organization Cooney founded to help retired boxers.