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Tennessee Boxing and MMA Promoters Bond

How much does a boxing and MMA promoters bond cost in Tennessee?

The Tennessee Department of Commerce and Insurance requires MMA and boxing promoters to obtain a $25,000 surety bond. The premium for these bonds are based on a review of the applicant’s credit report, and an applicant with good credit could pay as low as $250 with SuretyBonds.com

Bad credit? No problem! SuretyBonds.com offers an exclusive bad credit bonding program through which we can approve 99% of applicants for the bonds they need.

Contact a surety specialist today to receive a free, personalized bond quote within 1 business day of applying.

Bond Type Bond Amount Cost by Credit Score*
680 and up 679 - 600 599 or lower
Boxing and MMA Promoter Bond $25,000 Starts at 1% 4-8% 10%+ Apply Now
*The bond premium rate quotes provided to you through this website are for pricing comparisons and quotation estimate purposes only. The bond rate quotes provided are based on general assumptions that may or may not be applicable to you and are subject to change at any time. These rate quotes do not constitute an offer of insurance, nor is any contract, agreement, or bond coverage implied, formed or bound by the provision of rate quotes. Bondability, final bond premium rate quotes and an offer of insurance, if any, will be determined by the insurance company providing your bond. You must contact us directly to obtain a quote for binding purposes.

Ready to get a free surety bond quote? Feel free to call us at 1 (800) 308-4358 or submit a bond request, and one of our bond specialists will contact you right away to walk you through our fast and easy bonding process.

Why do I need this bond?

Tennessee boxing promoter bonds guarantee that the principal (promoter) will faithfully perform all obligated acts and comply with all the provisions of the Rules of Tennessee Athletic Commission Chapter 0145. Specifically, the bond form requires the promoter to pay all taxes as well as any other costs or fees that may be due. The bonds also ensure promoters manage funds appropriately on behalf of clubs conducting contests, including payments to contestants and to all other professional personnel.

Should there be a claim against the promoter, the surety will pay the claim up to the full bond amount. However, the principal must reimburse the surety for all money paid out in the claim.

Apply today for a free bond quote today!

What’s the fine print?

Tennessee promoter bonds are in effect for one full year and must be renewed annually unless claimed against or cancelled. The surety may cancel the bond by giving written notice to the Department of Commerce and Insurance 30-days before the cancellation’s effective date.

How to become a combative sports promoter in Tennessee

All combative sports promoters must first obtain a license from the Department of Commission and Insurance before promoting an event. Applicants must submit the following to become a licensed fight promoter in Tennessee:

  • $500 application fee
  • A $25,000 surety bond on the appropriate form
  • Identification (including a photograph
  • A background check

Prepare for your event today by applying for a free bond quote! Our team of experts can provide you with a free bond quote within 1 business day of applying.

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Promoter Bond Form

Rules of Tennessee Athletic Commission

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