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 Pancrase in 1993, which in turn inspired the foundation of Pride Fighting Championships in 1997. Pride was acquired by its rival, Ultimate Fighting Championship, in 2007. The Muhammad Ali Boxing Reform Act was introduced in 1999 and passed in 2000, to protect the rights and welfare of boxers in the United States. In May 2016, a bill was introduced to United States Congress by Markwayne Mullin, a politician and former MMA fighter, to extend the Ali Act to mixed martial arts. In June 2016, US senator Rand Paul proposed an amendment to the US draft laws named after Ali, a