A licensed boxing or full-contact martial arts promoter in Illinois files a $10,000 performance bond guaranteeing the obligations tied to a contest — purses, fees, and compliance with the Act. Ours is $300 flat, 3% of the bond amount. This is one of two bonds promoters usually carry; the other is the $5,000 tax bond.
















Promoter bonds are simple — here's the entire process:
Business details and an effective date. No financials, no credit check section, no follow-up scavenger hunt.
Fixed-amount license bonds like this are among the thousands that issue right after purchase. At most, 1–2 business days.
Your executed bond and power of attorney arrive by email, ready to file with your IDFPR promoter license application or renewal. Wet-ink original mailed on request.
$10,000 bond × 3% = $300, one-time per term. Fixed amount, fixed price, multi-year if you want it.
Illinois licenses boxing and full-contact martial arts promoters through the Department of Financial and Professional Regulation, advised by the State Athletic Board, under the Boxing and Full-contact Martial Arts Act (225 ILCS 105). Promoters typically post two bonds — a $10,000 performance bond and a $5,000 tax bond.
This is the $10,000 performance bond. It guarantees the promoter's obligations relating to a contest — that fighters' purses are paid, fees are met, and the event complies with the Act. It protects fighters, the Department, and others owed money from a sanctioned event.
It is not insurance for you. If the surety pays a claim — for example, an unpaid purse — you repay the surety. Promoters who pay their fighters and file on time treat the bond as a licensing formality, and we keep the $10,000 filing continuous for your term.
These are the actual issuing fields — no credit check section, because this bond doesn't have one.
Start the application →If yours isn't here, the bond team can usually answer within the hour.
$300 flat, five-minute application, bond often issued in the same sitting. Free until issued.