PHILADELPHIA (AP) - A statue honoring former heavyweight boxing champion Joe Frazier was unveiled Saturday.

The 12-foot, 1,200-pound bronze sculpture, designed by artist Stephen Layne, depicts Frazier throwing a left hook that floored Muhammad Ali in the 15th round of their championship bout on March 8, 1971, at Madison Square Garden.

"I found my inspiration in a photo of Frazier flooring Ali with his powerful left hook," Layne said in a statement. "The moment captured in the sculpture reflects the work ethic of Frazier and the city he called home."

The statue, which took 14 months to complete, is located in the stadium complex at 11th and Pattison Avenues.

Frazier died in 2011 at age 67.