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…
Overview
What it is.
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…
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 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.
StateMNBond amountVaries by license type or projectObligeeState of MinnesotaBond classLicense BondCategoryOtherBondCombative Sports PromoterPlain descriptionA 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…Who needs this bondIndividuals 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 promote…
