In Arizona, boxing and mixed martial (MMA) arts promoters are required to obtain a $20,000 surety bond before actively engaging in this profession.
Our article explains some of what is required to be licensed as an Arizona boxing promoter.
And, of course, we help you to obtain your $20,000 boxing-promoter bond both quickly and at the best pricing available.
In Arizona, persons engaged in the sport of boxing and/or MMA, are governed by the:
Boxing and MMA Commission
1110 W. Washington Street, Ste. 450
Phoenix, AZ 85007
Commissioners for boxing and MMA in Arizona are appointed to a term of 3 years.
The sport of boxing is defined as a both an attack and defense with the use of gloves. The law in Arizona states that “kickboxing” is of the same genre as “boxing”.
MMA is further defined as a using a combination of boxing, kicking, wrestling, and hitting.
To engage in the sport of boxing in Arizona as a professional, it is required that the competitors are competing for an amount above $35, or, more generally, as a means of making a living.
According to the Arizona Commissioner, “All referees, judges, matchmakers, promoters, trainers, ring announcers, timekeepers, ringside physicians, inspectors, mixed martial arts contestants, boxers, managers and seconds are required to be licensed by the commission.”
The above persons must also provide fingerprints which are used to conduct a background check.
In addition to fingerprinting, licensing for a boxing promoter includes all of the following:
Among other requirements, found here,
A surety bond of $20,000 is required.
The Arizona boxing/mma surety bond, in an amount of $20,000 (although, presumably, the Commission has the right to require a larger surety bond amount) is to ensure that the boxing promoter will follow all of the rules listed above.
It’s important to note that the surety bond required is different and separate from the insurance policy required by the Commissioner.
The surety bond protects others from the wrongful actions of a boxing/MMA promoter (i.e. any violation of the above rules).
While the face amount of the professional boxing/MMA surety bond is $20,000, applicants, of course, will only pay a small percentage of that amount.
The amount for the premium is entirely credit score-driven.
But regardless of your credit, AmeriPro Surety Bonds will work to get you the best pricing available.
Once your surety bond is obtained (during normal business hours, it should ideally be the same day) you will need to file the bond along with any of your other licensing requirements.
AmeriPro Surety Bonds provides contractor, court, and license and permit surety bonds throughout Arizona. We also provide surety bonds in all 50 states.
We would like the opportunity to earn your business and trust: