On January 17, 1941, Henry Armstrong (111-14-8, 76 KOs) gets a shot at the welterweight The Ring title held by and the Ring Magazine champion, Fritzie Zivic (103-24-6, 53 KOs).
Fritzie Zivic is coming off a draw with a 39% KO rate; his last fight was a points decision loss to Lew Jenkins, 28 days ago. Henry Armstrong is on a 1-fight losing streak with a 57% KO rate, with his last fight being a unanimous decision loss to Zivic, 3 months and 13 days ago.
Although the odds are slightly in favor of Henry Armstrong at 52.5-47.5, it would be fair to consider this a 50-50 fight. Armstrong has a slightly better chance of winning, but Zivic could also certainly pull it off.
In the rematch, Fritzie Zivic stopped Henry Armstrong via TKO in the 12th round of the 15-round world-title fight, and successfully defended his The Ring welterweight title. Zivic improves his record to 104-24-6 (54 KOs), while Armstrong adds a loss to his record at 111-15-8.