Ring Magazine Scandal
It shouldn’t come as a surprise to learn that Don King was the ringleader of the Ring Magazine scandal. The magazine held a lot of prestige in 1976 but subscriptions were falling. Remember, it also offered the coveted Ring Magazine belt as an alternative to boxing’s endless stream of sanctioning bodies.
King entered the picture and collaborated with Ring Magazine to host a tournament featuring many of his fighters. But he falsified their records and also rigged fights so it was a joke. This tarnished Ring Magazine’s reputation but it was one of the most notorious long-term dramas of the decade (via Bleacher Report).