This bond is required for anyone who organizes, promotes, or manages professional boxing or mixed martial arts events in Wisconsin. The state requires this $25,000 bond to protect fighters, staff, and the public by ensuring promoters follow all rules and regulations, pay promised fees, and conduct events safely and le…
Overview
What it is.
This bond is required for anyone who organizes, promotes, or manages professional boxing or mixed martial arts events in Wisconsin. The state requires this $25,000 bond to protect fighters, staff, and the public by ensuring promoters follow all rules and regulations, pay promised fees, and conduct events safely and le…
Who usually needs it
Individuals or entities applying for a license as a promoter (organizing and sponsoring boxing, MMA, or unarmed combat sports events) or professional club (venue or organization hosting such professional or amateur contests) in Wisconsin must obtain this $10,000 surety bond as a licensing requirement to secure payment of license-related fees and ensure comp…
Pricing & timing
What to expect.
Generic pricing
License bonds are required by state and local governments to ensure compliance with industry regulations. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger license bonds: Commonly around 1–5% of the bond amount annually. • Credit impact: Good credit: starting around 1–2% · Average credit: typically 2–4% · Credit challenges: often 4–5% or higher. Same-day approval is typical for many common license bonds. Some license bonds may price higher de…
Typical timeframe
Issuance timeframe varies by bond type and underwriting
Application
What to do next.
Tell us the bond name, state, and amount on your form.
Share business and applicant info so the team can quote it.
Sign and pay; we issue the bond and send you the documents.
Keep your effective date and renewal date on file with us.
Start the application.
You are on the exact bond page. The next step is to start the quick application.
StateWIBond amount$25,000ObligeeState of WisconsinBond classLicense BondCategoryOtherBondBoxing or Mixed Martial ArtsPlain descriptionThis bond is required for anyone who organizes, promotes, or manages professional boxing or mixed martial arts events in Wisconsin. The state requires this $25,000 bond to protect fighters, staff, and the public by ensu…Who needs this bondIndividuals or entities applying for a license as a promoter (organizing and sponsoring boxing, MMA, or unarmed combat sports events) or professional club (venue or organization hosting such professional or amateur cont…
