Muhammad Ali's championship belt up for auction

Muhammad Ali's championship belt up for auction

Muhammad Ali’s championship belt up for auction

It was one of the most famous boxing fights of the century. October 30, 1974. The stage set for the much-anticipated duel between Muhammad Ali and George Foreman at the Tata Raphael Stadium in Kinshasa, Congo.

Ali, then 32, faced the 25-year-old Foreman in a ‘Fight of the Century’ loss to Joe Frazier. But on that day Ali showed the world why he  called ‘Greatest’. Knockout Foreman in his hands in the eighth round as an ‘underdog’!

The match  held in front of 60,000 spectators in the gallery. And more than 1 billion viewers watched on TV around the world.

At that time, this was the record for the highest number of viewers watching a program broadcast live on TV. Organizers raised more than $100 million.

The heavyweight match known as the ‘Rumble in the Jungle’  considered many to be ‘arguably the greatest sporting event of the 20th century’. Where is the current address of Ali’s championship belt after winning?

Muhammad Ali, widely recognized as the greatest boxer of all time, died six years ago. Dallas-based auction house Heritage Auctions reported the latest on the belt.

The belt auctioned off. Kal Ali’s ‘Rumble in the Jungle’ winning belt bought  NFL team Indianapolis Colts owner Jim Yerse for $6.18 million (about Tk 583 million in Bangladeshi currency).

  • He himself tweeted that he bought Ali’s belt to enrich his collection of American rock music, pop culture and history.
  • Now his collection exhibited around the United States. The belt will  displayed at Navy Pier in Chicago on August 2 and Indianapolis on September 9.
  • Jim Years’ repertoire is quite rich. This American businessman spent a lot of money to collect various memorabilia.

His collection includes guitars used by Elvis Presley, John Lennon, Paul McCartney, George Harrison. His collection also includes Ringo Starr’s drum set and Bob Dylan’s electronic guitar.

Jim Yerse bought a guitar used by Pink Floyd legend David Gilmour for $3.975 million in 2019. In May this year, he bought a Kurt Cobain guitar for a record $4.6 million.

This 1969 Fender Mustang model guitar  played  the late Nirvana band member in the song ‘Smells Like Teen Spirit’.

Yerse also has the bat of legendary Jackie Robinson, the first African-American to play in Major League Basketball (MLB). He also has the first arrest warrant for the stage actor John Wilkies Booth who assassinated US President Abraham Lincoln.🔱