Oklahoma Boxing and MMA Promoter Bond Overview
- Purpose: To ensure promoters pay taxes and purses and fulfill other legal requirements
- Who Needs It: Wrestling, boxing and MMA promoters hosting events in Oklahoma
- Regulating Body: The Oklahoma State Athletic Commission
- Bond Amount: $10,000, or $5,000 for wrestling events only
- Minimum Price: $75 for $5,000 bond, $100 for $10,000 bond
What Is an Oklahoma Boxing and MMA Promoter Bond?
The Oklahoma State Athletic Commission requires boxing, MMA, kickboxing and wrestling event promoters to file a surety bond before hosting events in the state.
Oklahoma promoter bonds hold combative sports event promoters financially responsible. This protects the state, athletes, officials, ticket-buyers and more.
How Much Do Boxing and MMA Promoter Bonds Cost in Oklahoma?
You’ll need a $5,000 bond to promote wrestling events and a $10,000 bond to promote MMA or boxing events.
- The $5,000 bond starts at $75 for a one-year term.
- The $10,000 Oklahoma promoter bond starts at $100.
Rates vary from 1% to 10% based on personal credit score. Apply for your personalized quote now!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Does an Oklahoma Promoter Bond Work?
An Oklahoma promoter bond creates a legal contract between you and two other parties.
| Bond Party | Description |
|---|---|
| 1) Principal | The MMA promoter filing the bond |
| 2) Obligee | The Oklahoma State Athletic Commission requiring the bond |
| 3) Surety | The surety provider issuing the bond |
By filing this surety bond, you pledge to pay all taxes and fees due to the Oklahoma State Athletic Commission. You must also follow guidelines, including:
- Repaying ticket holders for purchased tickets if the match is canceled
- Paying ring officials and physicians
- Providing competitors’ prize money
If you don’t, the surety will pay valid claims up to the full bond amount. In turn, you must repay the surety.
How Do I Get a Boxing and MMA Promoter Bond in Oklahoma?
Follow these steps to get your Oklahoma promoter bond today:
- Apply for your free quote
- Provide any extra information if requested
- Sign and pay online
- File the bond with the Athletic Commission
If you have any questions along the way, our surety experts are on-call to help.
Can I Get Bonded With Bad Credit?
We work to approve 99% of applicants with our bad credit bonding options. Apply today to see if you qualify.
How Do I Renew My Bond?
You’ll need to renew your bonds each year, unless you select a multi-year term. We’ll provide reminders before your bond expires. Just pay your invoice and file the continuation certificate with the Athletic Commission.
How Do I Update My Bond Form?
You cannot update an active promoter bond. However, we may be able to issue a bond rider form that amends your existing bond.
Email [email protected] with the requested changes. We’ll get back to you quickly with your options and next steps.
How to Get a Promoter License for MMA Events in Oklahoma
Follow these basic steps to get your Oklahoma promoter’s license:
- Purchase and file your surety bond
- Fill out the application form
- Pay the $250 fee online
Once you are licensed, you’ll also need a sanctioning permit for every event. You can apply for your promoter’s permits online. Use the promoter checklist linked below to make sure you are compliant with state requirements.
