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Norton, who was at the end of his prime during this bout, was a 6 to 5 favorite.
Norton’s purse was $2.3 million and Holmes’ was $300,000.
There was a sellout crowd of 5,600 at the Caesars Palace Sports Pavilion.
The fight was televised by ABC in prime time.
When Norton defeated Jimmy Young in a 15-round WBC title eliminator in November 1977, he became the mandatory challenger for the winner of the February 1978 fight between World Heavyweight Champion Muhammad Ali and Leon Spinks, which Spinks won in a huge upset. When Spinks decided to give Ali an immediate rematch, the WBC stripped him of the title and awarded it to Norton. When Norton lost the title to Holmes in his first defense, he became the only heavyweight champion in history never to win a world title fight.
After winning the title, Holmes said he injured his left arm fiv
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