Mixed Martial Arts Promoter ($15,000) Bond - Pennsylvania State Athletic Commission in Pennsylvania

Brief Summary

Pennsylvania will not let an MMA promoter run a card until a bond of at least $15,000 is on file with the State Athletic Commission. You can post cash or a certified check, but a surety bond keeps that $15,000 in your operating account for purses, venue deposits and fighter insurance. We issue it on the Commission's own MMA form, 16-FA-2.0, ready to send with your license application.

The Pennsylvania State Athletic Commission requires every licensed mixed martial arts promoter to keep a surety bond of not less than $15,000 on file, written on Commission form 16-FA-2.0 and payable to the Commonwealth of Pennsylvania, State Athletic Commission. The bond guarantees the promoter meets its obligations under 5 Pa.C.S. § 301 et seq., including contracts with fighters and payment of license and permit fees. The promoter license costs $100 and expires December 31 each year.

We can help with all Pennsylvania bonds!

How to Apply for a Mixed Martial Arts Promoter ($15,000) Bond:

• Download the MMA Promoter Requirements and MMA Promoter License Application from the Department of State.
• Request the bond on Commission form 16-FA-2.0, Bond Form for Professional Mixed Martial Arts Promoter.
• Name the Commonwealth of Pennsylvania, State Athletic Commission as obligee.
• Have the promoter sign as principal in the signature block that fits the business, and the surety or its attorney in fact sign for the surety.
• Submit the bond with the license application and $100 fee to the State Athletic Commission.
• Complete the criminal history records check and include a driver's license if you are a first time promoter.

Detailed Information About the Pennsylvania Mixed Martial Arts Promoter ($15,000) Bond:

Use the MMA form, not the boxing form

The Commission publishes separate bond forms for boxing and for mixed martial arts. The MMA form is titled Bond Form for Professional Mixed Martial Arts Promoter, form 16-FA-2.0. The boxing promoter form is 16-FA.1.0. Both are $15,000, but a bond on the wrong form will not match your MMA promoter license, so make sure the surety issues it on 16-FA-2.0.

Amount and alternatives

The MMA Promoter Requirements sheet says a surety bond of not less than $15,000, on a form supplied by the Commission, must be on file. It also allows cash or a certified check in place of the bond. A surety bond lets you meet the requirement without tying up that cash.

What the bond guarantees

The obligee is the Commonwealth of Pennsylvania, State Athletic Commission. The bond covers the promoter's faithful performance of its obligations under the Boxing Act, 5 Pa.C.S. § 301 et seq., and the regulations issued under it. The form names fulfillment of contractual obligations to contestants, managers and other licensees, and payment of all license and permit fees. If a promoter fails to pay a fighter or a fee, a claim can be made against the bond, and the surety will look to the promoter for repayment.

Term, renewal and cancellation

The promoter license fee is $100 per year, and the license expires December 31. The bond form carries its own expiration date and can be continued with a continuation certificate signed by the principal and the surety. The surety may end its liability by giving the Commission 30 days written notice, so a lapsed premium can put your license at risk before the next event.

Other items the Commission requires

The bond is one part of the promoter packet. The Commission also requires a criminal history records check, a driver's license for first time promoters, bout approvals at least 10 days before an event, and insurance for all fighters and referees.

Eligibility and Requirements for a Pennsylvania Mixed Martial Arts Promoter ($15,000) Bond:

• Bond amount of not less than $15,000.
• Bond written on the form supplied by the Commission, MMA form 16-FA-2.0.
• Cash or certified check accepted in place of the surety bond.
• Bond on file before the promoter holds an event.
• Promoter license expires December 31 each year.
• Bond continued by continuation certificate when its stated expiration arrives.

Pennsylvania Mixed Martial Arts Promoter ($15,000) Bond FAQs:

Official and Additional Resources for the Pennsylvania Mixed Martial Arts Promoter ($15,000) Bond: