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Can a boxing manager be a promoter?

Managers/Agents: A boxing manager has the main responsibility to find good fights for his client, make sure the pay is fair, and make sure all the steps are taken by the fighter to climb to the top. They are not promoters or trainers.

How much does it cost to be a boxing promoter?

All promoters must have a valid promoters license issued from the Commission - the fee is $100 per year and the license will expire on December 31st of each year. All boxing promoters are required to complete a criminal record check (mail in form or online access) before a license can be issued. 2.

Do Boxing promoters make money?

They Make Money By Selling Tickets The promoters take on all the financial risk when setting up the fight so it is natural for them to make a profit on the money they have committed. So, the amount they earn on ticket sales will depend on the size of the fight and the fighter they are promoting.

How do boxing promoters find fighters?

A boxing promoter may set up a press conference to advertise an upcoming fight. A boxing promoter usually finds people with extra money who are looking for opportunities to invest in a somewhat unorthodox opportunity.

How do boxing promoters get paid?

Theyll Take a Percentage of Purse Money They will need to pay their manager a percentage, as well as sparring partners and their trainer. As an example, in the US, a promoter can only be paid a maximum of 33.3% of the purse which for the big fights could be a considerable amount of money.

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