Michigan Promoter Bond Overview
- Purpose: To guarantee payment of fight winners and event personnel
- Who Needs It: All boxing and MMA promoters in Michigan
- Regulating Body: The Michigan Department of Licensing and Regulatory Affairs
- Bond Amount: $20,000–$50,000
- Minimum Price: $200, or 1% of the bond amount
What Is a Michigan Combative Sports Promoter Bond?
A Michigan combative sports promoter bond ensures that you pay all fighters, doctors, and other professional personnel according to contract.
The Michigan Department of Licensing and Regulatory Affairs (LARA) will determine your bond amount based on event liability.
How Much Do MMA Promoter Bonds Cost?
Michigan MMA promoter bonds start at $200, or 1%. Qualified applicants often pay no more than 3% of the bond amount. Apply for a free, no-obligation quote today!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
How Does a Michigan Promoter Bond Work?
Like all promoter bonds, this bond is a legal contract between you, the state and the surety.
| Bond Party | Description |
|---|---|
| Principal | The combative sports promoter filing the bond |
| Obligee | The Michigan Department of Licensing and Regulatory Affairs requiring the bond |
| Surety | The issuing surety provider |
This bond holds you financially responsible for following the Michigan Unarmed Combat Regulatory Act.
If you break this law, harmed parties can file claims against your bond. The surety will pay valid claims up to the full bond amount, but you’re responsible for reimbursement.
How Do I Get a Promoter Bond in Michigan?
You can start the bonding process on this page. Simply fill out the quote request form, and we’ll send your personalized, no-obligation invoice within one business day.
Once you have your physical bond form, be sure to sign and file it with LARA.
How Fast Can I Get My Bond?
At checkout, you can choose from overnight, two-day or three-day FedEx shipping. Rates are $20–$40.
Can I Get Bonded With Bad Credit?
Yes, you may still be able to get bonded with bad credit, but your cost will likely increase. Quotes have no impact on your credit score — apply today to learn more.
How Do I Renew My Bond?
Michigan combative sports promoter bonds expire annually. We’ll send you reminders and a renewal invoice starting 90 days before expiration.
Once you pay the premium, we’ll issue a continuation certificate. You’ll need to file this form with LARA to extend your bond for another term.
Can I Edit My Bond Form?
Only your surety company can make changes to your bond form. Email [email protected], and we’ll issue a bond rider if possible.
How to Become a Combative Sports Promoter in Michigan
The Michigan Unarmed Combat Commission licenses all sports promoters. Apply through the online portal and upload all required documents, including your surety bond.
Michigan promoter licenses expire annually on August 31. You can manage and renew your license through the same portal.
How Much Does It Cost to Get an MMA Promoter License?
You can expect to pay at least $1000 to get your MMA promoter license. This includes the following fees.
| Fee | Amount |
|---|---|
| Application | $500 |
| License | $300 |
| Surety Bond | $200+ |
| Renewal | $300 |
