15 U.S.C. § 6307e

Current through P.L. 118-107 (published on www.congress.gov on 11/21/2024)

Section 6307e - Required disclosures for promoters

(a) Disclosures to the boxing commissions

A promoter shall not be entitled to receive any compensation directly or indirectly in connection with a boxing match until it provides to the boxing commission responsible for regulating the match in a State a statement of-

(1) a copy of any agreement in writing to which the promoter is a party with any boxer participating in the match;

(2) a statement made under penalty of perjury that there are no other agreements, written or oral, between the promoter and the boxer with respect to that match; and

(3)

(A) all fees, charges, and expenses that will be assessed by or through the promoter on the boxer pertaining to the event, including any portion of the boxer's purse that the promoter will receive, and training expenses;

(B) all payments, gifts, or benefits the promoter is providing to any sanctioning organization affiliated with the event; and

(C) any reduction in a boxer's purse contrary to a previous agreement between the promoter and the boxer or a purse bid held for the event.

(b) Disclosures to the boxer

A promoter shall not be entitled to receive any compensation directly or indirectly in connection with a boxing match until it provides to the boxer it promotes-

(1) the amounts of any compensation or consideration that a promoter has contracted to receive from such match;

(2) all fees, charges, and expenses that will be assessed by or through the promoter on the boxer pertaining to the event, including any portion of the boxer's purse that the promoter will receive, and training expenses; and

(3) any reduction in a boxer's purse contrary to a previous agreement between the promoter and the boxer or a purse bid held for the event.

(c) Information to be available to State Attorney General

A promoter shall make information required to be disclosed under this section available to the chief law enforcement officer of the State in which the match is to be held upon request of such officer.

15 U.S.C. § 6307e

Pub. L. 104-272, §13, as added Pub. L. 106-210, §4(2), May 26, 2000, 114 Stat. 324.

EDITORIAL NOTES

PRIOR PROVISIONSA prior section 13 of Pub. L. 104-272 was renumbered section 21 and is classified to section 6312 of this title.

State: The term "State" means each of the 50 States, Puerto Rico, the District of Columbia, and any territory or possession of the United States, including the Virgin Islands.
boxer: The term "boxer" means an individual who fights in a professional boxing match.
boxing commission: The term "boxing commission" means an entity authorized under State law to regulate professional boxing matches.
promoter: The term "promoter" means the person primarily responsible for organizing, promoting, and producing a professional boxing match. The term "promoter" does not include a hotel, casino, resort, or other commercial establishment hosting or sponsoring a professional boxing match unless-(A) the hotel, casino, resort, or other commercial establishment is primarily responsible for organizing, promoting, and producing the match; and(B) there is no other person primarily responsible for organizing, promoting, and producing the match.
sanctioning organization: The term "sanctioning organization" means an organization that sanctions professional boxing matches in the United States-(A) between boxers who are residents of different States; or(B) that are advertised, otherwise promoted, or broadcast (including closed circuit television) in interstate commerce.