EBoxing legend Muhammad Ali’s world champion belt has sold at auction for $6.18 million. The new owner of the belt, which Ali received for his victory in the famous “Rumble in the Jungle” against George Foreman in 1974, is the owner of the NFL Indianapolis Colts, Jim Irsay.
He was “proud to be the custodian” of the memorabilia, Irsay wrote on Twitter on Sunday.
Well-known collector Irsay has hinted the belt could be on display at an exhibition of his collection in Chicago in August.
The price of Ali’s world championship belt at auction by Heritage Auctions is one of the highest ever paid for a sports memorabilia, according to Sports Collectors Daily.
Ali won the “Brawl in the Jungle” against the previously undefeated Foreman in Kinshasa, then the capital of Zaire, now the Democratic Republic of the Congo. With the knockout in the eighth round, Ali secured the heavyweight boxing crown.
