The latest celebration of the three-time world heavyweight champion and self-proclaimed "Greatest Of All Time" featured former champions and Larry Holmes and George Foreman, two notable erstwhile opponents, who gladly came to honour Ali on Thursday night in his Kentucky hometown.
Friends, associates and dignitaries were also on hand for the ceremony on the 40th anniversary of Ali's third fight with Joe Frazier in the Philippines, an epic 14-round battle known as the "Thrilla in Manila."
Ali earned his second victory over Frazier when the former champion didn't come out for the final round, and that fight is considered one of the greatest events in boxing and sports.
He did not speak, and no photos were permitted during the ceremony. His presence was one of a few yearly visits home, as he spends most of his time in Arizona along with homes in several states.
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Ali's victory and other notable moments were highlighted on a backdrop of two dozen magazine covers at different points of his three-decade career as a fighter and half-century as a humanitarian.
One cover included Foreman, who has come to grips with being a footnote in Ali's legacy after his 1974 loss in the "Rumble In The Jungle" in Zaire.
"This means a lot," a trim-looking Foreman said, "because it was boxing and we all enjoyed being part of it. I wish I could have enjoyed it then as much as I enjoy it now."
Ali has been part of many moments in and out of the ring during a career that included winning an Olympic gold medal and speaking out on many social, athletic and humanitarian issues. Fittingly, he was honored in the center bearing his name and just four miles from his childhood home.
"I hope we can do this next year and the year after that," said Holmes, a one time sparring partner, who beat Ali in 1978.