The California State Athletic Commission will hold a stakeholders meeting on May 11 to discuss the expansion of a boxer’s pension fund to include MMA fighters.
The meeting takes place via Zoom and is open to the public as well as members of the combat sports industry.
Established in 1982, the boxer’s pension is funded by a tax to promoters on ticket sales and is administered by the state. For every ticket sold to a boxing event, 88 cents goes to the fund with a cap of $4,600 per event.
Boxers who meet its age and experience requirements – they have to be over 50 and have fought a specified number of rounds with no more than a three-year break – are eligible to receive a portion of the money from the fund.