New Jersey Boxing and MMA Promoter Bond
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How much will my fight promoter bond in New Jersey cost?
Boxing and mixed martial arts promoters’ bonds are required by the New Jersey Athletic Control Board in the amount of $10,000. The price you’ll pay for your New Jersey MMA bond is subject to underwriting and based on a review of your credit report. With strong credit, you could pay as little as 1% of the bond amount!
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Why do I need this bond?
New Jersey boxing promoter bonds guarantee that the principal (promoter) will faithfully perform all obligated acts and comply with all of the provisions of Chapter 83 of the Laws of 1985, also known as “An Act concerning the reorganization of the State Athletic Control Board, the regulation of boxing, wrestling, kick boxing, and the combative sports, and the revision and exemption of certain taxes on boxing, wrestling, kick boxing and combative sports events, and revising parts of statutory law.” Specifically, these bonds ensure that promoters will pay all required taxes and prescribe a verified written report of the exact amount of tickets sold or issued as complimentary tickets for an exhibition, event, performance or contest, along with the amount of gross proceeds, within 7 days of the conclusion of the event.
For a complete list of how MMA promoter surety bonds hold New Jersey promoters accountable for acting ethically and lawfully while on the job, refer to Chapter 83 of the Laws of the State of New Jersey for the Year 1985, which is linked to in the Additional Resources section of this page.
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How to become a combative sports promoter in New Jersey
All combative sports promoters must first obtain a license from the State Athletic Control Board before promoting an event. Applicants must submit the following along with their application to become a licensed fight promoter in New Jersey:
- $300 application fee
- A surety bond
- Most current tax return
- Driver’s license or passport
- A digital “head shot” photo
The State of Athletic Control Board must receive completed application packets by 4:00 p.m. two days before the combat sports event. All licenses are valid for one year from July 1 through June 30. Your surety bond must be renewed and filed with the state prior to your license renewal.
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Additional Resources
New Jersey Title 5: Amusements, Public Exhibitions and Meetings
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