N.Y. Comp. Codes R. & Regs. Tit. 19§ 209.2 - Form of certain contracts
(a) Bout
contracts between professional boxers, professional mixed martial artists or
their managers and promoters for matches or exhibitions to be held within the
State of New York shall be executed on forms approved by the Commission, and
approved forms for such contracts shall be provided by the Commission upon
request to boxers, managers and promoters. All such contracts shall be filed
with the Commission by such promoter within 48 hours after execution of such
contract, and at least 10 business days prior to the contest or exhibition to
which they rely, unless otherwise directed or authorized by the Commission for
good cause shown. All such contracts must be filed with and approved by the
Commission to be valid. Such contracts will not be approved by the Commission
unless both boxers or both mixed martial artists, as applicable, have signed
contracts for the contest or exhibition with the same promoter. All such bout
contracts must include, but shall not be limited to, the following information:
the date, time and location of the event; the date of the weigh-in; the
combatant's contracted weight; the amount of purse; any/all fees that will be
deducted; and the number of rounds in the bout.
(b)
(1)
Management contracts between professional boxers or professional mixed martial
artists and their managers shall be executed in person before the Commission on
forms approved by the Commission, unless otherwise authorized by the
Commission, and all such contracts must be approved by and filed with the
Commission.
(2) The Commission may
approve a management contract entered into in another jurisdiction if it is
demonstrated that the contract is valid, on file with and approved by a state
Commission that is a member of the Association of Boxing Commissions. Any such
contract, if approved by the Commission shall be given effect with regard to
activities in the State to the extent that the terms of the contract do not
conflict with the requirements of applicable federal law, New York State law,
and the rules and policies of the Commission. If the terms of the contract fail
to comply with these limitations, the Commission may honor the contract to the
extent it complies with applicable law and rules.
(3) A copy of all such management contracts
must be filed with and approved by the Commission.
(c) All contracts for activities within the
jurisdiction of the Commission must conform to the requirements of federal and
New York State law, including, as applicable, the provisions of the federal
Professional Boxing Safety Act and Muhammad Ali Boxing Reform Act, as amended
(15
USC §
6301, et seq.).
Notes
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