Oh my fucking God! I haven't laughed so hard in years!
The Iron Sheik goes through a list of all the black guys he knows, including Muhammed Ali ("the most black brother in the boat") and Slick, then threatens to fuck Michael "Kramer" Richards up the ass! (Either in Canada, or in New Jersey... apparently.)
By the way, Sheik respects both "that jabroni" Jerry Seinfeld and Newman. Yes, he respects
Newman.
P.S. He seems to think that "Kramer" is this guy's actual name.
P.P.S. Just realised this has been posted before. Oh dear.