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Boxing Promoter Guarantee Bond - $20,000

This bond is required for anyone who wants to organize or promote professional boxing matches in New York State. The state requires this $20,000 guarantee to protect boxers, vendors, and others involved in boxing events. If the promoter fails to pay fighters their agreed purses, doesn't cover event costs, or breaks ot…

Bond amount$20,000
State or jurisdictionNew York
ObligeePeople of the State of New York

Essential point: Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.

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Overview

What it is.

This bond is required for anyone who wants to organize or promote professional boxing matches in New York State. The state requires this $20,000 guarantee to protect boxers, vendors, and others involved in boxing events. If the promoter fails to pay fighters their agreed purses, doesn't cover event costs, or breaks ot…

Who usually needs it

Licensed Boxing or Mixed Martial Arts (MMA) promoters in New York who are applying for a professional license must obtain this bond. The bond guarantees payment of fighters' purses, salaries of club employees licensed by the New York State Athletic Commission, and legitimate expenses for printing tickets and advertising materials.

Pricing & timing

What to expect.

Generic pricing

Miscellaneous commercial bonds cover a wide range of business obligations not fitting other categories. Typical Pricing:. • Small bonds (under $25,000): Typically $100–$250 per year (flat fee). • Larger 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. Pricing varies by specific bond type and requirements. Some miscellaneous bonds may price higher depending on risk factors. Contact us for a specific quote.

Your quote determines the actual premium.

Typical timeframe

Credit-based approval — varies by bond type

Timing can change when underwriting needs more information.
Application details

How it works.

  1. Start the application

    Confirm the bond and provide applicant and business details.

  2. Review the quote

    See the terms and premium before deciding to continue.

  3. Pay and sign

    Complete the required payment and signatures.

  4. Receive the bond

    Get the issued bond and filing or delivery instructions.

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Next step

Ready to move forward?

Start the secure application with this bond already selected, or ask Ava a question before you begin.

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