September 1961 – ‘$2.6 million’

ImageIt's clear from this letter, written in September 1961, that Pedro Martinez is raking in the dough. The latest figures show he pulled in $2.6 million in gross from the promotion, up from $1.5 million the previous year. In addition, he made a killing during the summer season by sending some of his troupe to Puerto Rico and drawing 12,000 fans for a match involving Miguel Perez. How did Pedro do it? Well, he had that much-remarkedupon "gift of bally-ho." Yetter was doing well for himself too, with as many as three of his pieces in Boxing and Wrestling.