Pennsylvania Boxing, Wrestling and MMA Promoter Bonds
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What Is a Pennsylvania Boxing and MMA Promoter Bond?
Pennsylvania boxing and MMA promoter bonds are license surety bonds that hold promoters liable for following all rules and regulations established by the Pennsylvania State Athletic Commission. They protect the state by ensuring that promoters:
- Pay all taxes owed to the state
- Compensate all participants involved in sporting events
- Act according to the Athletic Commission guidelines
If an MMA promoter breaks these bond terms, harmed parties can file a claim for compensation from the surety.
Who Needs a Boxing and MMA Promoter Bond in Pennsylvania?
All boxing, wrestling and mixed martial arts (MMA) promoters in Pennsylvania are required to file a $10,000 or $15,000 surety bond to be licensed with the State Athletic Commission. A promoter refers to anyone who produces, arranges, stages, holds or gives any match in Pennsylvania involving a professional participant.
There are three different bond forms based on the type of contests being promoted:
- $10,000 Pennsylvania Professional Wrestling Promoter Bond
- $15,000 Pennsylvania Professional Boxing Promoter Bond
- $15,000 Pennsylvania Professional Mixed Martial Arts Promoter Bond
How Much Do Pennsylvania Boxing and MMA Promoter Bonds Cost?
Typically, Pennsylvania MMA promoter bond premium rates vary between 1–10% of the total bond coverage based on credit score.
- $10,000 Pennsylvania wrestling promoter bonds start as low as $100 for applicants with strong credit.
- $15,000 boxing or MMA promoter bonds start at $150 for qualified applicants.
Select your bond below to get a free quote within one business day.
SuretyBonds.com does not charge any additional service fees.
How Does a Pennsylvania Boxing, Wrestling or MMA Promoter Bond Work?
By posting a Pennsylvania boxing, wrestling or MMA promoter bond, the promoter agrees to follow all laws, rules and regulations. The bond contract legally binds three parties:
- Principal: The promoter or company upholding the bond obligation
- Obligee: The government department requiring the bond
- Surety: The company backing the bond obligation
If the general public or the state suffers financial losses or other harm as a result of the principal’s actions, the surety bond offers protection up to the sum of the bond. Although the surety will initially cover the damages, the bonded promoter is ultimately responsible for repaying all claims.
How Do I Get a Sports Promoter Bond in Pennsylvania?
Submit an online request form today to get your Pennsylvania promoter bond. We’ll provide a free quote within one business day or less. Then, you can checkout online or over the phone at your convenience.
Once your order is processed, we’ll email or mail your official bond documentation to file with the obligee. If you’re in a rush, you can select overnight shipping at checkout.
How to Become an MMA/Boxing Promoter in Pennsylvania?
To work as an MMA, wrestling or boxing promoter in Pennsylvania, you must be licensed with the Pennsylvania State Athletic Commission. Complete the following step to apply for your license:
- Complete a criminal background check
- Purchase and file a surety bond or provide cash collateral
- Pay the $100 fee
- Submit application to the Commission
Licenses expire annually on December 31st. Renew your license and bond annually to maintain your active licensure.
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