§6308 — Title 15 Commerce and Trade | U.S. Code

Summary

People who run or work for a boxing commission, those who enforce state boxing rules, and members of the Association of Boxing Commissions must not belong to, sign contracts with, or get paid by anyone who promotes, arranges, or profits from a current boxer registered in a boxer registry. Money held in escrow to pay someone else is not counted as payment. The rule does not stop a boxing commission from being paid to supervise a match in another state under the law. A promoter cannot have money ties to a boxer’s manager, and a manager cannot have money ties to a promoter or be employed or paid by a promoter, except for fees the manager gets under the manager’s contract with the boxer. Those limits apply only to boxers in matches of 10 rounds or more, and do not stop a boxer from acting as their own promoter or manager. Officers and employees of sanctioning organizations may not get pay, gifts, or benefits from promoters, boxers, or managers, except they may accept published sanctioning fees or reasonable expenses if those payments are reported, and very small gifts.

Title 15, §6308

Commerce and Trade — Source: USLM XML via OLRC

(a)No member or employee of a boxing commission, no person who administers or enforces State boxing laws, and no member of the Association of Boxing Commissions may belong to, contract with, or receive any compensation from, any person who sanctions, arranges, or promotes professional boxing matches or who otherwise has a financial interest in an active boxer currently registered with a boxer registry. For purposes of this section, the term “compensation” does not include funds held in escrow for payment to another person in connection with a professional boxing match. The prohibition set forth in this section shall not apply to any contract entered into, or any reasonable compensation received, by a boxing commission to supervise a professional boxing match in another State as described in section 6303 of this title.

(b)(1)It is unlawful for—

(A)a promoter to have a direct or indirect financial interest in the management of a boxer; or

(B)a manager—

(i)to have a direct or indirect financial interest in the promotion of a boxer; or

(ii)to be employed by or receive compensation or other benefits from a promoter, except for amounts received as consideration under the manager’s contract with the boxer.

(2)Paragraph (1)—

(A)does not prohibit a boxer from acting as his own promoter or manager; and

(B)only applies to boxers participating in a boxing match of 10 rounds or more.

(c)(1)Except as provided in paragraph (2), no officer or employee of a sanctioning organization may receive any compensation, gift, or benefit, directly or indirectly, from a promoter, boxer, or manager.

(2)Paragraph (1) does not apply to—

(A)the receipt of payment by a promoter, boxer, or manager of a sanctioning organization’s published fee for sanctioning a professional boxing match or reasonable expenses in connection therewith if the payment is reported to the responsible boxing commission; or

(B)the receipt of a gift or benefit of de minimis value.

Notes & Related Subsidiaries

Editorial Notes

Amendments

2000—Pub. L. 106–210, § 5, designated existing provisions as subsec. (a), inserted subsec. heading, and added subsecs. (b) and (c).

Statutory Notes and Related Subsidiaries

Effective Date

Section effective

July 1, 1997, and not applicable to an otherwise authorized boxing commission in the Commonwealth of Virginia until

July 1, 1998, see section 23(1), (2) of Pub. L. 104–272, set out as a note under section 6301 of this title.

§6308 Conflicts of interest