Muhammad Ali gloves fetch $385K

Updated: December 2, 2012, 10:17 PM ET
By Dan Rafael | ESPN.com

The gloves that Muhammad Ali wore in his Feb. 25, 1964 bout against Sonny Liston, when he was known as Cassius Clay and won the heavyweight championship for the first time, and the gloves that he wore in his first fight of his epic trilogy with Joe Frazier on March 8, 1971, each sold for $385,848 in bidding that concluded Saturday.

The items were auctioned by SCP Auctions, which generated $1.3 million from the sale of more than 100 pieces of boxing memorabilia from the estate of the late ...

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