Heavyweight boxing champion Joe Frazier (1944-2011) lost his title to George Foreman in a January 22, 1973 fight in Kingston, Jamaica. Howard Cosell made his famous broadcasting call after Foreman knocked Frazier to the canvas—“Down goes Frazier! Down goes Frazier!”
 
“Down goes Frazier!” is so popular that it’s been used to describe anything that goes down. A person who slips and falls on ice can say “Down goes Frazier!” The “Down goes Frazier!” term has been used when the stock market goes down and when there is a political defeat, among many other uses.
 
 
Wikipedia: Howard Cosell
Howard William Cosell (/koʊˈsɛl/; born Howard William Cohen; March 25, 1918 – April 23, 1995) was an American sports journalist who was widely known for his blustery, cocksure personality. Cosell said of himself, “Arrogant, pompous, obnoxious, vain, cruel, verbose, a showoff. I have been called all of these. Of course, I am.” In its obituary for Cosell, The New York Times described Cosell’s impact on American sports coverage: “He entered sports broadcasting in the mid-1950s, when the predominant style was unabashed adulation, [and] offered a brassy counterpoint that was first ridiculed, then copied until it became the dominant note of sports broadcasting.”
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Perhaps his most famous call took place in the fight between Joe Frazier and George Foreman for the World Heavyweight Championship in Kingston, Jamaica in 1973. When Foreman knocked Frazier to the mat the first of six times, roughly two minutes into the first round, Cosell yelled out
 
“Down Goes Frazier! Down Goes Frazier! Down Goes Frazier!”
 
His call of Frazier’s first trip to the mat became one of the most quoted phrases in American sports broadcasting history. Foreman beat Frazier by a TKO in 2 to win the World Heavyweight Championship.
   
Sports Illustrated
February 03, 1992
Howard Cosell, Signing Off
The Mouth That Roared slips quietly—much too quietly—into retirement
Norman Chad
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In addition, he was a terrific boxing broadcaster, working solo. (“Down goes Frazier! Down goes Frazier!!!”) Putting an analyst with him on fight broadcasts would’ve been like assigning a partner to Columbo on homicide eases.
 
OCLC WorldCat record
And the fans roared : the sports broadcasts that kept us on the edge of our seats
Author: Joe Garner; Bob Costas; George Foreman
Publisher: Naperville, Ill. : Sourcebooks, ©2000.
Edition/Format:   Book : EnglishView all editions and formats
Summary:
Tells the stories of forty-three memorable moments in sports history, and features two CDs, narrated by sports journalist Bob Costas, that contain the actual broadcasts of the announcers who were calling the events.
Contents:
Down goes Frazier: George Foreman beats Joe Frazier
 
Forbes.com
Daily Trades
Down Goes Frazier! Market On The Mat.
David Penn, TradingMarkets.com, 12.02.08, 11:08 AM EST
Joe Frazier was no match for George Foreman, and neither was last week’s rally for the big bad bear.
 
YouTube
George Foreman -vs- Joe Frazier I 1/22/73
boxingatitsbest
Uploaded on Mar 21, 2009
world Heavyweight Championship, Frazier was knocked down three times in the first round, and three times in the second round before Referee Mercante waved him off and stopped the bout to protect him from further punishment.
   
MWC (Media with Conscience) News
What They Say- What They Mean: Health Care Reform
Monday, 01 March 2010 11:34
By Will Durst
You’ve seen “ER” and I’ve seen “ER” and I think we can both agree that if bipartisan health care reform were a patient, Doctor Obama would be dejectedly dropping the paddles, ripping off his mask and asking Nurse Pelosi to call it. Oh yeah. Its finished. Done with. Caput. Defunct. Deceased. Extinct. Artifacto. Fuggedaboutit. Game over, man. Part of the vast past tense. Washed up. Down the drain. Sleeping with the fishies.
 
Sheer finito. Totally obliterated. See ya. Wouldn’t want to be ya. Pushing up daisies. Eaten by the undertoad. Down Goes Frazier! Rests in peace. Bereft of life. Shuffled off its mortal coil. Crossed the distant shore. Run down the curtain and joined the bleedin’ choir invisible. Stick a fork in it. Its history. A memory. In the archives. Way gone. Say bye. Then again…  you never know. Reconciliation. Such an innocent word.
 
Washington (DC) Post
PAUL KANE :
Good morning everyone, it’s good to be back in the live chats online. Been way too long. As I type, there is a last little flurry of meetings happening in/around the Capitol with a few members of the supercommittee. Nothing is expected out of these meetings, however, and we expect an announcement after the markets close at 4 p.m. that the panel failed to meet its goal. Down goes Frazier, down goes Frazier. Another bipartisan effort at trimming long-term debt is likely to get KO’d. Off to the questions.—pk
– November 21, 2011 11:34 AM
 
National Review Online—The Corner
Down Goes Frazier!
By Daniel Foster
October 3, 2012 11:29 P.M.
Romney probably didn’t win by as much as it felt like he did, but he definitely won by not losing. Both campaigns spent the last week lowering expectations. Romney’s campaign wins the dubious honor of having lowered expectations better, but he also won the legitimate honor of having over-delivered more.
(The Mitt Romney-Barack Obama first presidential debate—ed.)
   
Bleacher Report
The Most Iconic Calls in Sports
BY ZACK PUMERANTZ (FEATURED COLUMNIST) ON DECEMBER 6, 2012
19. “Frazier Goes Down”
Date: January 22, 1973
Moment: At 29-0, Joe Frazier was the favorite against the up-and-coming George Foreman. But when he was knocked down for a sixth time in Round 2, the fight was stopped and Frazier lost his title to Foreman.
Announcer: Howard Cosell
The Call: “I think he hurt Joe Frazier. I think Joe is hurt. Angee Dundee, Ali’s trainer right next to me is saying it. You may hear him. Down goes Frazier! Down goes Frazier! Down goes Frazier! The heavyweight champion is taking the mandatory eight-count and Foreman is as poised as can be in a neutral corner!”