Combative Sports Promoter

A Combative Sports Promoter bond is required for anyone who organizes or promotes boxing, wrestling, mixed martial arts, or similar fighting events in Minnesota. This bond protects the state and participants by ensuring promoters follow Minnesota's regulations and pay all required fees, taxes, and prize money to fight…

Bond amountVaries by license type or project

State or jurisdictionMinnesota

ObligeeState of Minnesota

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.

Who usually needs it

Individuals or business entities acting as promoters who organize and host combative sports events (such as boxing, MMA, wrestling, or kickboxing) in Minnesota must obtain this bond when applying for a Minnesota promoter's license. The bond, with a minimum amount of $10,000, ensures compliance with state laws and guarantees payment of fighter purses, venue …

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 depending on the specific bond type, state program, or underwriting requirements.

Your quote determines the actual premium.

Typical timeframe

Issuance timeframe varies by bond type and underwriting

Timing can change when underwriting needs more information.

Application details

How it works.

Start the application
Confirm the bond and provide applicant and business details.
Review the quote
See the terms and premium before deciding to continue.
Pay and sign
Complete the required payment and signatures.
Receive the bond
Get the issued bond and filing or delivery instructions.

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Next step

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

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Combative Sports Promoter

Who usually needs it

Generic pricing

Typical timeframe

Start the application

Review the quote

Pay and sign

Receive the bond

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