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 a comeback in the tenth round and hit Moorer with a number of punches. Then a short right hand caught Moorer on the tip of his chin, gashing open his bottom lip and he collapsed to the canvas. He lay flat on the canvas as the referee counted him out. In an instant, Foreman had regained the title he had lost to Muhammad Ali two decades before. He went back to his corner and knelt in prayer as the arena erupted in cheers. With this historic victory, Foreman broke three records: he became, at age 45, the oldest fighter ever