Oregon Combat Sports Promoter Bond

An Oregon Combat Sports Promoter Bond, is a type of surety bond required by the Oregon State Athletic Commission (OSAC) for anyone promoting unarmed combat sports events within the state. This includes boxing, wrestling, mixed martial arts (MMA), and kickboxing events. The amount of the surety bond, is determined on a case-by-case basis by the Oregon State Athletic Commission (OSAC). However, there are some general Oregon Boxing Surety Bond Affidavit guidelines and minimum requirements to give you an idea:

Minimum bond amount:

• $5,000: For smaller events with limited risk and less anticipated revenue.
• $10,000: This is the most common amount required for most boxing, wrestling, and MMA events.
• Higher amounts: Bonds can be set significantly higher for larger events with greater potential risks, such as major professional fights or events with a high number of participants.

The cost of the Oregon Combat Sports Promoter Bond is usually between 1% and 3% of the bond amount, subject to a minimum premium and fees of $150. Surety1 will shop its many markets to procure the right price at the right terms.

How to an Oregon Oregon Combat Sports Promoter Bond

At Surety1.com we make it easy to obtain this surety bond. Our simple, three step process is:

1. Complete the easy to navigate and secure online application. ¹
2. Review the free, no obligation quote from one of Surety1’s professional surety bond agents, usually within one business day.
3. Sign some paperwork and pay the bond premium

Once these steps have been completed, the Oregon combat sports promoter bond will be shipped to the bond applicant.
^{1 -The name of the applicant on the surety bond application must match exactly the full legal business name of applicant for the license.} 

Surety1.com is a service of AssuredPartners one of the largest and fastest growing insurance agencies in the nation. Representing over a dozen surety bond companies, Surety1.com is the premier online provider of surety bonds nationwide since 2003.

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How to Get an Oregon Combat Sports Promoter License

Securing an Oregon Combat Sports Promoter License involves several steps and specific requirements set by the Oregon State Athletic Commission (OSAC). Here’s a breakdown to guide you through the process:

1. Meet the Eligibility Criteria:
   • Be at least 21 years old.
   • Be a resident of Oregon or have a valid business license in the state.
   • Have no history of felonies or convictions related to violence, dishonesty, or gambling.
   • Demonstrate good moral character and financial stability.

2. Gather Required Documents:
   • Completed Promoter Application Form: You can download it from the OSAC website.
   • Personal Disclosure Statement: Provides details about your background and any potential conflicts of interest.
   • Fee Schedule: Outlines fees for different event types and licenses.
   • Surety Bond Affidavit: Oregon Combat Sports Promoter Bond (amount determined by OSAC).
   • Wrestling Promoter Affidavit (only for entertainment wrestling events).
   • Copies of valid government-issued photo IDs.
   • Proof of Oregon residency or business license.
   • Additional documents may be requested based on your specific event.

3. Submit the Application:
   • Mail or hand-deliver the completed application package to the OSAC office in Salem, Oregon.
   • Application fees are non-refundable and vary depending on the type of event you plan to promote.

4. Attend a Pre-Licensing Meeting (Optional):
   • The OSAC offers optional pre-licensing meetings to provide guidance and answer any questions you may have. Attending a meeting is not mandatory but can be helpful for first-time promoters.

5. Interview with the OSAC:
   • Once your application is reviewed, the OSAC may schedule an interview to discuss your plans and qualifications.
   • Be prepared to answer questions about your experience, event details, and financial resources.

6. Obtain Insurance:
   • `You must purchase liability insurance that meets the minimum requirements set by the OSAC.
   • The type and amount of insurance required will depend on the size and nature of your event.

7. Pass a Background Check:
   • The OSAC will conduct a background check on you and any key personnel involved in your event.
   • This is to ensure that everyone involved meets the commission’s eligibility criteria.

8. Receive your License (if approved):
   • If you meet all the requirements and pass the background check, the OSAC will issue you a promoter’s license.
   • The license is valid for one year and can be renewed annually.

Additional Resources:

• Oregon State Athletic Commission Website: https://www.oregon.gov/osp/programs/osac/pages/default.aspx 
• Promoter’s Guide to Unarmed Combat Sports Events: https://www.oregon.gov/osp/Docs/a_Unarmed%20Combat%20Sports%20Promoter%20Guide.pdf
• Promoter Application Form: https://www.oregon.gov/osp/programs/osac/pages/promoters.aspx

Remember: This is a general overview, and specific requirements and procedures may change. Always refer to the OSAC website for the latest information and guidance.