
Holmes was to get $13 million and Coetzee $8 million, but the finances fell through and this matchup failed to materialize. In the aftermath of this Holmes dropped the WBC title and fought Bonecrusher Smith for the newly created IBF title instead.
But how would Holmes-Coetzee have gone had it happened?
In 1983 Coetzee knocked out Michael Dokes to become WBA champion and Holmes had four fights against Rodriguez (W12), Witherspoon (WSD12), Frank (KO5), and Frazier (KO1).
In 1984, Larry Holmes went 12 competitive rounds with the 14-1-0 Smith and Coetzee would lose the WBA title to Greg Page in a rather controversial way as the 8th round went 4 minutes.
I think it would've been a pretty damn good scrap, since one man seemed to be either complacent or on the decline whereas the other man seemed to have peaked and suffered a bit of misfortune.
In 1985 Holmes beat Bey, Williams and lost to Spinks but it was evident as early as the Smith fight that he was slowing down. In 1985 Coetzee would win a decision over James Tillis, and after that began to decline rapidly.
Holmes title defenses were against decent/good opponents but they were so largely inexperienced that I think the experienced Coetzee would've made a great fight with Holmes.
Ultimately I do think that Holmes would've rallied back hard in the later rounds to get a close, narrow decision over Coetzee but I do think he would have been in a lot more trouble than what Smith, Witherspoon and Williams was able to do in the ring against Larry Holmes.
But I have little doubt it goes the whole 15 rounds unless Holmes was able to bust the South African up and get a technical knockout stoppage. Coetzee had been cut before in fights, but it never seemed to slow him down or distract him all that much as he kept pressing forward.
To put it all into better perspective here is Holmes/Smith and Coetzee/Page to kind of guage how such a contest might have gone:
Holmes vs Smith
Coetzee vs Page