Jabir Herbert Muhammad Group, until Ali's retirement in 1981. Muhammad negotiated the first multimillion-dollar earnings for any athlete, starting with the $2.5M Ali earned for the Frazier vs Ali “Fight of the Century” in March, 1971 and including the $5.5M purse Ali achieved for the Foreman vs Ali “Rumble in the Jungle” in Zaire in 1974. Muhammad was considered one of the most powerful figures in boxing in the 1960s and 1970s, achieving the International Boxing Hall of Fame's 1974 "Manager of the Year" award. He continued to manage Ali's career for another ten years after his retirement from boxing. Muhammad then went
Muhammad Ali vs. Oscar Bonavena After the fight, Ali grabbed a microphone and shouted: Ali's next boxing match would be with Joe Frazier. Bonavena would later die under tragic circumstances in 1976. Muhammad Ali vs. Oscar Bonavena Heavyweight boxers Muhammad Ali and Oscar Bonavena fought at Madison Square Garden in New York City on December 7, 1970. Ali won the bout through a technical knockout in the 15th round. According to Ferdie Pacheco, Ali absorbed more punishment in this particular fight than in any of his previous fights, and it was a mistake for Ali to have fought with Bonavena just before his first fight