Literally. Although he certainly didn't feel that way at the time, Max Schmeling later came to appreciate the advantages of having lost to Joe Louis in their second fight:
"Looking back, I'm almost happy I lost that fight," Schmeling said in 1975. "Just imagine if I would have come back to Germany with a victory. I had nothing to do with the Nazis, but they would have given me a medal. After the war I might have been considered a war criminal."

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