Who needs Athletic Event Promoter Bonds?

This bond is for athletic event promoters who need a promoter license to hold regulated events such as mixed martial arts (MMA), boxing, wrestling, sparring, or kickboxing. In states where it’s required, you generally must have an active bond on file to obtain or keep your promoter license.

The bond is meant to ensure you follow the rules set by the state agency that regulates athletic events. It helps protect participants, sponsors, and the public if a promoter causes financial harm through noncompliance or misconduct connected to an event.

How much do Athletic Event Promoter Bonds cost?

Your price is based on two things: the bond amount required by your state and the rate you qualify for. The rate is a percentage of the bond amount and is commonly in the 1% to 10% range.

Applicants with strong credit and financials often qualify for lower rates. If your credit is weaker, the rate may be higher, but it may still be possible to get bonded.

How do I get an Athletic Event Promoter Bond?

You apply through a surety agency or company, and the bond is issued to meet the requirements of the state agency that regulates athletic events. During the application, the surety typically reviews your credit and may consider your financial strength and industry experience to determine your rate.

Once approved and purchased, the bond is provided for filing with the licensing or regulatory agency as part of your promoter licensing requirements.

Can I get Athletic Event Promoter Bonds with bad credit?

Yes, bad credit does not automatically prevent you from getting a sports promoter bond. Many bonds require a credit check, and applicants with lower credit scores may pay a higher rate, but bonding may still be available depending on your overall application.

How fast can I get an Athletic Event Promoter Bond?

Timing depends on how quickly the application can be reviewed and approved. Many applicants can be processed quickly once the required information is submitted, but approval speed can vary based on credit and underwriting needs.

If you’re unsure which bond you need, BOSS Bonds can review your licensing paperwork and help identify the correct bond at no cost.