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 corner, Ali retreated to the ropes and invited Foreman to hit him while covering up, clinching and counter-punching, all while verbally taunting Foreman. The move, which would later become known as the "Rope-a-dope", so violated conventional boxing wisdom—letting one of the hardest hitters in boxing strike at will—that at ringside writer George Plimpton thought the fight had to be fixed. Foreman, increasingly angered, threw punches that were deflected and did not land squarely. Midway through the fight, as Foreman began tiring, Ali countered more frequently and effectively with punches and flurries, which electrified the pro-Ali crowd. In the eighth round,