Percy Joseph Price, Jr. (born May 19, 1937 in Salem, MA) was a Marine and an amateur heavyweight boxer who represented the U.S. at the 1960 Olympics in Rome, Italy. He was also the last boxer to defeat Muhammad Ali as an amateur.
Price entered the U.S. Marine Corps in 1955 and joined the Marine boxing team. Prior to the 1960 Olympic Trials, he defeated Cassius Clay, which forced Clay to compete as a light heavyweight for the trials. At the trials in San Francisco, Price defeated Hal Espy to make the U.S. Olympic team as the heavyweight representative. He won one Olympic match, then lost in the quarterfinals to Josef Nemec.
Price is the last U.S. Olympic heavyweight representative not to turn professional. He remained in the Marines as a career military man, but continued to box. He won three All-Marine Championships, two Interservice Championships, and one Conseil International du Sport Militaire (CISM) Championship.
Price served two tours in Vietnam as a staff sergeant. He retired from the Marines in 1976 and settled in Jacksonville, NC, where he had been stationed at Camp Lejeune. Price died on January 12, 1989.
1960 Olympic Results: