Idaho Administrative Code
Title IDAPA 24 - Occupational and Professional Licenses, Division of
Rule 24.02.01 - RULES OF THE STATE ATHLETIC COMMISSION
Section 24.02.01.215 - PAYMENT OF PURSE

Universal Citation: ID Admin Code 24.02.01.215

Current through September 2, 2024

01. Payment Made. All payment of purses will be made:

a. Immediately after the contest or exhibition; or

b. If the combatant is to receive a percentage of the net receipts, immediately after that percentage is determined by a person designated by the Commission, unless otherwise ordered by the Commission.

02. Signatures. Immediately after the contest or exhibition, the Commission designated person will release the checks or cash to the entitled persons and will obtain their signatures on a list in which they acknowledge the payment.

03. Reconciliation. The promoter may withhold an amount of not more than ten percent (10%) of the purse for payment of expenses incurred by the combatant. A reconciliation of those expenses and payment of the undistributed portion of the purse will be made to the Commission on the Commission's form within seven (7) working days after the contest. The reconciliation must bear written approval of the combatant before it is submitted. If good cause is shown, the chairman of the Commission may grant an extension of the date for reconciliation for a period not to exceed thirty (30) days after the contest.

04. Alternative Payment. The Commission may permit a form of payment other than those specified in this section. A promoter who wishes to pay the purse by an alternative method of payment will:

a. Submit a written request to the Commission at least thirty (30) days before the contest.

b. Describe in detail the alternative method of payment contemplated.

c. Show good cause for a waiver of the provisions as outlined in Section 215 of this rule.

d. Comply with all requirements of the Commission regarding the production of relevant information.

e. Follow the procedural directives of the Commission if the request is granted.

05. Non-Payment of Amateurs. Consistent with Section 54-402, Idaho Code, a promoter may not compensate any amateur for participating in or being associated in any way with the promoter's event. This ban absolutely bars a promoter from paying an amateur to sell tickets or merchandise or provide services related to an event.

Effective June 1, 2024 (Temporary)

Disclaimer: These regulations may not be the most recent version. Idaho may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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