§6307e — Title 15 Commerce and Trade | U.S. Code

Summary

A promoter cannot get paid for a boxing match until they give the state boxing commission a copy of any written deal with a boxer, a sworn statement that no other deals (written or oral) exist, and clear details of all fees and charges on the boxer (including the promoter’s cut of the purse and training expenses), any payments or gifts to sanctioning groups, and any cut to a boxer’s purse that goes against a prior agreement or a purse bid. The promoter also must tell the boxer the exact amounts the promoter is contracted to receive, the same list of fees and charges, and any purse reductions. The promoter must make this information available to the state’s chief law enforcement officer if asked.

Title 15, §6307e

Commerce and Trade — Source: USLM XML via OLRC

(a)A promoter shall not be entitled to receive any compensation directly or indirectly in connection with a boxing match until it provides to the boxing commission responsible for regulating the match in a State a statement of—

(1)a copy of any agreement in writing to which the promoter is a party with any boxer participating in the match;

(2)a statement made under penalty of perjury that there are no other agreements, written or oral, between the promoter and the boxer with respect to that match; and

(3)(A)all fees, charges, and expenses that will be assessed by or through the promoter on the boxer pertaining to the event, including any portion of the boxer’s purse that the promoter will receive, and training expenses;

(B)all payments, gifts, or benefits the promoter is providing to any sanctioning organization affiliated with the event; and

(C)any reduction in a boxer’s purse contrary to a previous agreement between the promoter and the boxer or a purse bid held for the event.

(b)A promoter shall not be entitled to receive any compensation directly or indirectly in connection with a boxing match until it provides to the boxer it promotes—

(1)the amounts of any compensation or consideration that a promoter has contracted to receive from such match;

(2)all fees, charges, and expenses that will be assessed by or through the promoter on the boxer pertaining to the event, including any portion of the boxer’s purse that the promoter will receive, and training expenses; and

(3)any reduction in a boxer’s purse contrary to a previous agreement between the promoter and the boxer or a purse bid held for the event.

(c)A promoter shall make information required to be disclosed under this section available to the chief law enforcement officer of the State in which the match is to be held upon request of such officer.

Editorial Notes

Prior Provisions

A prior section 13 of Pub. L. 104–272 was renumbered section 21 and is classified to section 6312 of this title.

§6307e Required Disclosures for Promoters

Summary

Title 15, §6307e

Notes & Related Subsidiaries

Editorial Notes

Prior Provisions

Citations & Metadata