This bond is required for anyone who wants to organize and promote professional boxing matches in New York State. The state requires this $10,000 bond to protect fighters, vendors, and the public from financial harm if the promoter fails to meet their legal obligations, such as paying fighters their agreed-upon fees o…
Overview
What it is.
This bond is required for anyone who wants to organize and promote professional boxing matches in New York State. The state requires this $10,000 bond to protect fighters, vendors, and the public from financial harm if the promoter fails to meet their legal obligations, such as paying fighters their agreed-upon fees o…
Who usually needs it
Individuals or business entities seeking a Professional Combative Sport Promoter license to organize, conduct, oversee, hold, or give boxing or mixed martial arts (MMA) matches or exhibitions in New York State must obtain this $10,000 corporate bond. The bond guarantees faithful performance of all provisions in the relevant act and compliance with New York …
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.
StateNYBond amount$10,000ObligeePeople of the State of New YorkBond classLicense BondCategoryOtherBondBoxing Promoter - $10,000 - Corporate BondPlain descriptionThis bond is required for anyone who wants to organize and promote professional boxing matches in New York State. The state requires this $10,000 bond to protect fighters, vendors, and the public from financial harm if …Who needs this bondIndividuals or business entities seeking a Professional Combative Sport Promoter license to organize, conduct, oversee, hold, or give boxing or mixed martial arts (MMA) matches or exhibitions in New York State must obta…
