What do boxing promoters do
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Send your boxing promoter license application, boxing promoter bond, and any fees or other necessary paperwork to your local or state boxing commission office. They will process your application and contact you if there is any additional or missing information they need from you to approve your license. If your license is approved, you should receive you license in the mail in a couple of weeks. Promoter Bonds Blog Posts.
If a boxing manager is business-savvy, he or she will be able to get promoters to agree to lucrative payments without alienating the promoters or gaining his or her client a difficult reputation. If a boxer becomes successful, his or her manager may have to work irregular schedules to keep up with all the responsibilities as they come. A manager is often the voice of a boxer to promoters and media and may also handle financial matters, such as collecting payment from promoters or paying additional staff or expenses, like assistants or office space.
The majority of expenses involved in this process, such as renting a location, hiring a referee , and arranging ticket sales, are typically handled by the promoter and this often requires finding investors. A boxing promoter usually finds people with extra money who are looking for opportunities to invest in a somewhat unorthodox opportunity. These may be professionals with disposable income or boxing enthusiasts looking to help support local fighters and the sport in general.
Regardless of where the money comes from, the promoter has to find a way to convince investors that a particular fight is a good investment.
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