Nebraska Combative Sport Promoter Bond Guide
If you’re applying for a promoter's license in Nebraska, you’ll need this surety bond.
Bond Overview
- Purpose: To ensure promoters of combative sporting events meet license and contract obligations
- Who Needs It: MMA, boxing and other combative sports promoters
- Regulating Body: The Nebraska Athletic Commission
- Required Coverage: $1,000 or $5,000
- Premium Rate: 1–10%, credit-based
Learn all about the bond requirements and process in this guide.
What Is a Nebraska Combative Sport Promoter Bond?
A Nebraska sports promoter bond ensures MMA and combative sporting event promoters meet their payment and performance obligations.
The financial guarantee from the bond also provides security to athletes who work with a sports promoter.
How Much Do Combative Sport Promoter Bonds Cost in Nebraska?
Nebraska sports promoter bonds cost a small percentage of the required bond amount, typically 1–10% based on personal credit.
Amateur event promoters need a $1,000 bond while professional MMA event promoters need a $5,000 bond. Apply for your free quote now!
SuretyBonds.com offers the lowest available rates from our nationwide provider network with no added fees.
Who Needs a Combative Sport Promoter Bond?
The Nebraska Athletic Commission requires this bond as part of the licensing process for combative sporting event promoters in the state.
By filing surety bonds, promoters promise to pay all fees owed to the state and participants as well as to uphold all license regulations.
How Do I Get My Bond?
SuretyBonds.com provides the fastest and easiest way to get a Nebraska sports promoter bond. Just follow these quick steps:
- Apply: Submit an online quote request form
- Quote: Receive your quote within one day
- Sign: Complete the indemnity agreement
- Buy: Purchase the bond online 24/7
We’ll email you the bond shortly after purchase. Be sure to file the bond with the Nebraska Athletic Commission as instructed.
If you have any questions, call our friendly surety experts at 1 (800) 308-4358 for assistance.
How Does a Nebraska Combative Sport Promoter Bond Work?
As with all surety bonds, a sports promoter bond creates a legal contract between three parties:
- Principal: You, the combative sporting event promoter filing the bond
- Obligee: The Nebraska Athletic Commission requiring the bond
- Surety: The provider issuing the bond
This holds you financially responsible for upholding the provisions of Nebraska State Law 81-8 and all Commission regulations.
If you break the bond terms, harmed parties can file claims. The surety will pay valid claims up to the bond amount, but you are ultimately responsible for refunding the surety.
How Do I Renew My Bond?
These bonds expire annually. To renew your sports promoter bond, simply pay your renewal invoice when prompted.
We’ll begin contacting you by phone and email 90 days before the expiration date.