Oregon Promoter Bond Overview
- Purpose: To hold combative sports promoters financially responsible
- Who Needs It: Entertainment wrestling and unarmed combat event promoters in OR
- Regulating Body: The Oregon State Athletic Commission
- Bond Amount: $5,000–$20,000
- Minimum Price: $100 or 1% of the bond amount
What Is an Oregon Combative Sports Promoter Bond?
The Oregon Department of State Police – State Athletic Commission requires entertainment wrestling and unarmed combat event promoters to file a surety bond. The bond is financial security that protects the state and event participants.
The Athletic Commission determines bond coverage requirements on a case-by-case basis with a $5,000 minimum and $20,000 maximum. You’ll need to contact them before buying your bond.
How Much Do Combative Sports Promoter Bonds Cost in Oregon?
Oregon wrestling and combative sports promoter bonds cost 1–10% of the required coverage amount. For example, a qualified applicant could pay just $100 for a $10,000 bond. 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 Oregon Combative Sports Promoter Bond Work?
This type of surety bond creates a legal contract between you and two other parties.
- Principal: The promoter filing the bond with the obligee
- Obligee: The Oregon State Athletic Commission
- Surety: The provider issuing and backing the bond
Under the bond terms, promoters must follow the laws in the Oregon Revised Statutes. Some of these provisions include:
- Paying taxes and penalties due to the state on time
- Paying awards and prizes to owed to competitors
- Reimbursing tickets if an event is canceled
- Compensating inspectors, referees, timekeepers, judges, and medical personnel
If these terms are broken, promoters are liable for any bond claims paid out by the surety.
How Do I Get a Wrestling & MMA Promoter Bond in Oregon?
Follow these steps to get your Oregon promoter bond today:
- Apply for your free quote
- Provide any information and signatures as requested
- Complete the online purchase
- File the bond with the Athletic Commission
How Fast Can I Get My Bond?
We provide most quotes same-day. You will receive a response within one business day at the latest. Once you have your quote invoice, you can buy the bond 24/7 at your convenience.
The Commission requires the original bond form, so we’ll mail you the physical copy. You can select from 1–3 day shipping options.
How Do I File My Bond?
Submit the bond along with your initial license application or renewal application. See the licensing section below for the full mailing address.
Can I Get Bonded With Bad Credit?
You may still be able to get your promoter bond if you have poor personal credit. However, be aware that credit will likely impact your quote. Underwriters look at credit scores to assess financial risk.
How Do I Renew My Bond?
Oregon promoter bonds require annual renewal. When you receive your renewal reminders, review the bond information.
- If your bond amount is still correct, just pay the invoice.
- If it needs to be updated, contact us about the change.
How Do I Update My Bond Form?
You cannot update an active surety bond. However, your surety provider may be able to issue a bond rider form. This document amends your existing bond.
Current Customers: Email [email protected] with the requested changes. We’ll get back to you quickly with your options and next steps.
How to Become an Entertainment Wrestling Promoter in Oregon
You’ll need to submit these documents to get an Oregon entertainment wrestling or unarmed combative sports event promoter license:
- Promoter Application
- Personal Disclosure
- Fee Schedule
- Surety Bond Affidavit
- Wrestling Promoter Affidavit (Entertainment Wrestling only)
Contact the Athletic Commission Superintendent to determine the bond coverage you need. Then, submit everything to this address:
Oregon State Athletic Commission
500 Airport Road SE
Salem, OR 97301
How Much Does Licensing Cost?
There is a $500 state licensing fee and a $100 annual licensing fee per city you promote events in. Surety bond rates vary based on the coverage required and your credit score.
