1934-11-16 Bob Olin w pts 15 Maxie Rosenbloom, Madison Square Garden, Manhattan, NYC, New York, USA - NY
1934-11-16 Bob Olin w pts 15 Maxie Rosenbloom, Madison Square Garden, Manhattan, NYC, New York, USA - NY. Referee: Arthur Donovan. Scorecards: 8-5, 9-5, 8-6. In what was deemed by most of the press and audience present as a huge miscarriage of justice, Olin (173) took the title from Rosenbloom (173½) after the two judges outside the ring decided in his favour, while the referee saw the latter as the winner. Prior to the fight, Rosenbloom was told that unless he hit with the knuckle part of the glove throughout he would be penalised and to all intents and purposes the champion did just that. By rights Rosenbloom should have won the decision, as he picked up at least ten rounds with much superior boxing to that of his foe, who connected with far fewer blows and was generally outpunched and certainly outmanoeuvred. Although Olin was the aggressor during the first 11 rounds he was well outboxed in at least seven of them, while Rosenbloom swarmed all over his rival in the last four to win going away according to the unbiased Nat Fleischer, writing in The Ring magazine. Fleischer stated that unless the NYSAC acted quickly over the quality of some of their judges there would be no more title fights held in the State as they would have become the laughing stock of boxing.
Within a few weeks of the contest the NBA stated that they would be happy to recognise Olin as the champion, but would look to him meet the winner of a fight between John Henry Lewis and Tony Shucco, won by the former on points over ten rounds at Madison Square Garden on 14 December.
Unfortunately, showing in-and-out form following his title win, Olin took quite a beating at the hands of Lewis (l pts 10 on 12 April 1935 at Dreamland Park, San Francisco, California) in an overweight contest and was out of the ring for five months with various illnesses keeping him away from the gym. Coming back and having turned down an offer to defend against Jack Petersen in England it was reported in New York boxing circles that if Olin did not sign for a defence soon he could well be stripped. Olin had already forfeited Canadian recognition in August 1935 when ignoring the claims of Al McCoy, who had beaten Bob Godwin, Al Gainer and Billy Jones earlier in 1935, and he signed up to defend against Lewis, his former conqueror.