The Tennessee Athletic Commission regulates the licensing of boxing and MMA promoters in the state.
The licensing for sports promoters encompasses:
A sports promoter license will not be granted a license without furnishing evidence of a surety bond.
Our goal for you is to have your surety bond issued quickly.
The Tennessee boxing and MMA promoter bond is a $25,000 surety bond required by statute (Rule 0145-01-.03).
Qualifying for this bond is accomplished by means of a short surety bond application and a credit check.
As an applicant, you are likely to pay just 1% of the bond’s amount, or $250; however, the final amount will be determined by information supplied during the application process.
Additionally, there is also a credit check involved.
As an applicant, there is no need for alarm. The boxing and MMA promoter bond is an easy surety bond for which to qualify.
Once issued, your boxing and MMA promoter bond is active for one year from the date of issuance.
While the surety bond is required of a Tennessee professional promoter, the benefit, or purpose of the surety bond is protection for any combatants.
The Tennessee boxing and MMA promoter bond is a financial guarantee that a licensed promoter will honor all contractual arrangements --- both written and implied --- with kickboxing, MMA, or boxing combatants.
As principal for this bond, you will indemnify the surety for any claims paid against your bond. This would include attorney and court costs and fees.
AmeriPro Surety Bonds is a surety bonds-only agency. We provide sports promoter and athletic agent bonds nationwide.
Please call our agency today. Qualifying for and having this bond issued is easy!