Boxing in the 1970s was world champion when Ali returned. Former world champions Jimmy Ellis and Floyd Patterson as well as George Foreman, Oscar Bonavena, Jerry Quarry, Earnie Shavers, Leon Spinks, Ken Norton, as well as Larry Holmes, Ron Stander, Chuck Wepner, Jose King Roman, Light Heavyweight champ Foster, John Tate, Jimmy Young, Ron Lyle, Joe Bugner, Scott LeDoux and many others added intrigue to the division. Don King surged as a leading boxing promoter, and champions Duran, Monzon and Ali had historic rivalries with Esteban De Jesús, Rodrigo Valdez and Frazier, respectively. Boxing in the 1970s During the 1970s, boxing was characterized by
World boxing championship records and statistics of boxers claiming to be legitimate champions. On August 23, 1962, the NBA officially became the World Boxing Association and moved their headquarters to Panama City, Panama. A year later NYSAC along with European Boxing Union and BBBofC supported creation of the World Boxing Council. In April 1983, members of United States Boxing Association along with Robert W. Lee (a former WBA vice-president) voted to expand the organisation and form the USBA-International. The organization later changed the name to International Boxing Federation. The inaugural IBF Heavyweight Champion was Larry Holmes, who relinquished the WBC title to accept IBF's recognition, thus