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 Boxing Reform Act boxing industry, especially if it does not regulate any other sport. In May 2016, a bill was introduced to Congress by Markwayne Mullin, a politician and former mixed martial artist, to extend the Ali Act to mixed martial arts. Muhammad Ali Boxing Reform Act The Muhammad Ali Boxing Reform Act, commonly referred to as the Ali Act, is a federal law that was introduced in 1999 and enacted on May 26, 2000 by the 106th Congress to: (1) protect the rights and welfare of boxers; (2) aid state boxing commissions with the oversight of boxing; and (3) increase sportsmanship and