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 This led to a rematch with Joe Frazier at Madison Square Garden on January 28, 1974; Frazier had recently lost his title to George Foreman. Ali was strong in the early rounds of the fight, and staggered Frazier in the second round. Referee Tony Perez mistakenly thought he heard the bell ending the round and stepped between the two fighters as Ali was pressing his attack, giving Frazier time to recover. However, Frazier came on in the middle rounds, snapping Ali's head in round seven and driving him to the ropes at the end of round eight. The last four