What Is a Florida Promoter Bond?
The Florida Department of Business and Professional Regulation’s State Boxing Commission requires boxing and MMA promoters to post $15,000 surety bonds to legally work within the state.
Florida promoter bonds ensure that promoters comply with Chapter 548 of the Florida Statutes and the rules of the State Boxing Commission.
How Much Does an MMA Promoter Bond Cost in Florida?
With SuretyBonds.com, a $15,000 Florida MMA promoter bond costs a flat rate of $150. All applicants immediately qualify — no credit check required.
You can also save $75 by selecting a 3-year term, making the cost just $125 per year of coverage.
How Does a Promoter Bond Work?
By posting the bond, Florida MMA and boxing event promoters guarantee to account for and pay all money and taxes due to the commission on time and in full, as well as faithfully fulfill all contractual agreements established with other parties involved in sports events.
What’s the Fine Print?
Promoter bonds in Florida remain in effect until canceled by the surety or violated by the principal. The surety can cancel the bond at any time by giving written notice to the commission 60-days written notice. However, the bond cannot be canceled sooner than 60 days after the most recently promoted match.
How to Become an MMA or Boxing Promoter in Florida
To become a licensed promoter in Florida, applicants must do the following:
- Meet the age requirement of at least 18 years
- Submit a surety bond in the proper amount
- Pay the $250 nonrefundable fee by check or money order made payable to the Florida State Boxing Commission
- Complete the application (online or on paper)
Find more information in the links below.
More Resources
- Florida State Boxing Commission Surety Bond for Promoter
- Florida State Boxing Commission Application for License
- Florida Department of Business and Professional Regulation Promoter Initial Application Requirements
- Florida Department of Business and Professional Regulation Florida State Boxing Commission
- Florida Statutes Title 33 Chapter 548 Pugilistic Exhibitions
