On October 1, 1975, Muhammad Ali (48-2, 34 KOs), the undisputed heavyweight world champion, holding the WBA, WBC, and The Ring belts, defends his undisputed championship against former world champion Joe Frazier (32-2, 27 KOs).
Muhammad Ali is coming in to the fight on a 7-fight win streak with a 68% KO rate; his last fight was a unanimous decision win over Joe Bugner, 3 months and 1 day ago. Joe Frazier is on a 2-fight win streak with a 79% KO rate, with his last fight being a 9th round TKO win over Jimmy Ellis, 6 months and 29 days ago.
This should be a confident win for Muhammad Ali at 99-1 winning odds. Joe Frazier really doesn't have much to present against Ali.
In the rematch, the challenger refused to continue the fight in the 14th round, and Muhammad Ali is crowned the new heavyweight world champion. Ali improves his record to 49-2 (35 KOs), while Frazier adds a loss to his record at 32-3.