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
George Foreman remained inactive during 1975. In 1976, he announced a comeback and stated his intention of securing a rematch with Ali. His first opponent was to be Ron Lyle, who had been defeated by Muhammad Ali in 1975, via 11-th round TKO. At the end of the first round, Lyle landed a hard right that sent Foreman staggering across the ring. In the second round, Foreman pounded Lyle against the ropes and might have scored a KO, but due to a timekeeping error the bell rang with a minute still remaining in the round and Lyle survived. In the third, Foreman