Kentucky MMA Promoter Bond Guide
In Kentucky, MMA promoters need a surety bond to apply for a license. Keep scrolling to learn more about the bonding process.
Bond Overview
- Purpose: To ensure promoters pay all fees associated with the events they promote
- Who Needs It: Individuals applying to be MMA promoters
- Regulating Body: The Kentucky Boxing and Wrestling Authority
- Required Coverage: $10,000
- Premium Rate: Credit-based, starting at $100
What Is a Kentucky MMA Promoter Bond?
A Kentucky combative sports promoter bond ensures that everyone associated with an MMA event receives payment from the promoter.
The Kentucky Boxing and Wrestling Authority requires this bond for promoter licensing as financial security.
How Much Do MMA Promoter Bonds Cost in Kentucky?
Kentucky promoter bonds start at $100 for applicants with excellent credit. Your exact rate will depend on your personal credit score.
You may be eligible for a multi-year discount to save 25% a year on your premium. Apply now to get a personalized quote.
How Does a Kentucky MMA Promoter Bond Work?
A promoter bond is a legal agreement between three parties:
- Principal: The promoter purchasing the bond
- Obligee: The Kentucky Boxing and Wrestling Authority (KBWA) requiring the bond
- Surety: The provider issuing you the bond
As the principal, you are responsible for upholding Title 201 Chapter 27. If you don’t submit the proper fees or pay participants, harmed parties can file claims to the surety company.
Who Needs an MMA Promoter Bond?
Anyone applying to be an MMA promoter in Kentucky must have a $10,000 surety bond. A promoter includes anyone who is licensed to promote, arrange or conduct professional combat sport contests in Kentucky.
How Do I Get an MMA Combat Sports Promoter Bond in Kentucky?
SuretyBonds.com provides the fastest and easiest way to get an MMA promoter bond. Follow these quick steps to get your bond:
- Apply for a free quote
- Pay your invoice
- Select a FedEx shipping option
How Fast Can I Get My Bond?
We process most applications same-day. Physical bond arrival will depend on the shipping option you select. If you’re in a rush, we offer overnight shipping.
Can I Get Bonded With Bad Credit?
Yes, you can likely still get bonded as a Kentucky sports promoter — even with bad credit. Your personal credit score may, however, impact your quote.
How Do I Renew My MMA & Boxing Promoter Bond?
This bond has a one-year term, but as long as you continue to renew, this bond remains active. When you work with SuretyBonds.com, we’ll send you renewal reminders in advance — just pay the invoice.
The surety can cancel the bond by providing 15-day’s written notice to you and the Boxing and Wrestling Authority.
How to Become a Sports Promoter in Kentucky
The Kentucky Boxing and Wrestling Authority oversees MMA promoter licensing. To apply, submit the following:
- Promoter application form
- $300 application fee
- Original $10,000 surety bond
- Copy of valid identification
Mail or hand-deliver the complete application packet to the address below.
Kentucky Boxing and Wrestling Commission
500 Mero St 218NC
Frankfort, KY 40601