In order to accommodate an international viewing audience, the fight took place at 10:00a.m. local time (0200
UTC). Though it served the business interests of the fight, it was detrimental to the fighters. Ali's ring physician, Ferdie Pacheco, said "At 10:00a.m. the stickiness of the night was still there, but cooked by the sun. So what you got is boiling water for atmosphere." Ali said that he lost during the fight due to dehydration. When the fighters and their cornermen met at the center of the ring for the referee's instructions, Ali continued his verbal assault on Joe Frazier, finishing with the taunt: "You don't have it, Joe, you don't have it! I'm going to put you away!" In response, Frazier smiled and said "We'll see." Ali was sharp early, as the slow-starting Frazier could not bob and weave his way inside of Ali's jab. Ali won the first two rounds. He kept Frazier in the center of the ring, and landed several straight right hands immediately after his left jab. Frazier was wobbled by solid punches twice in the early rounds. Commenting for the U.S. television audience,
Don Dunphy said, "Ali with his fast hands and sharp shooting keeps it his way." Viewing the fight for the first time some 31 years later, Frazier said, "Too far away, needed to get closer." As the bout wore on it became clear that despite his belief in the utility of the rope-a-dope, when Ali had his back against the ropes, Frazier had the advantage. Smokin' Joe was able to wear down his opponent with body punches, left hooks to the head, and occasionally, short, chopping right hands. Meanwhile, the long-armed champion had a difficult time getting much power into his punches while fighting on the inside. Dundee, who detested the rope-a-dope (never more so than in Manila) constantly beseeched his fighter to "get off the goddamn ropes!" Beginning at the start of round 7, Ali managed to do so effectively for about a round and a half, and was able to best Frazier in exhausting toe-to-toe exchanges during the opening minute of round 8—described on the telecast as "a big rally by Ali." Later in that round, an arm-weary Ali began to be beaten to the punch by the challenger. During the final minute of round 8, Ali sagged against the ropes in a neutral corner as Frazier landed a series of punches to his body and head. On the broadcast, Dunphy excitedly told his audience near the end of the round: "Frazier may have evened up the round!" British sportswriter Frank McGhee ringside for the
Daily Mirror describes the final rounds: The main turning point of the fight came very late. It came midway through the thirteenth round when one of two tremendous right-hand smashes sent the gum shield sailing out of Frazier's mouth. The sight of this man actually moving backwards seemed to inspire Ali. I swear he hit Frazier with thirty tremendous punches—each one as hard as those which knocked out George Foreman in Zaire—during the fourteenth round. He was dredging up all his own last reserves of power to make sure there wouldn't have to be a fifteenth round. Seeing the results of round 14,
Eddie Futch decided to stop the fight between rounds rather than risk a similar or worse fate for Frazier in the 15th. Frazier protested stopping the fight, shouting "I want him, boss," and trying to get Futch to change his mind. Futch replied, "It's all over. No one will forget what you did here today", and signaled to referee
Carlos Padilla, Jr., to end the bout. Ali would later claim that this was the closest to dying he had ever been. Unbeknownst to Frazier's corner, at the end of the 14th round Ali instructed his cornermen to cut his gloves off, but Dundee ignored him. Ali later told his biographer
Thomas Hauser, "Frazier quit just before I did. I didn't think I could fight anymore." When the fight ended, Ali was ahead on the scorecards of all three officials. Using the 5-point must scoring system, referee Carlos Padilla Jr. had the champion ahead, 66–60, Judge Alfredo Quiazon had it 67–62 and Judge Larry Nadayag had it 66–62. ==Undercard==