New York Codes, Rules and Regulations
Title 19 - DEPARTMENT OF STATE
Chapter VII - State Athletic Commission
Part 210 - Staging of Professional Boxing and Mixed Martial Arts Events
Section 210.14 - Distribution of receipts of contest or exhibition
Universal Citation: 19 NY Comp Codes Rules and Regs ยง 210.14
Current through Register Vol. 46, No. 12, March 20, 2024
All promoters, in distributing the receipts of any contest or exhibition where a licensed participant is to be compensated based on a percentage of the gate, shall first deduct all sums due for Federal and State taxes and then deduct all sums due for payments to the referee, judges, physicians and other assigned officials, and for insurance premiums. Thereafter, the balance may be distributed in accordance with the amounts or percentages agreed upon and approved for the compensation of the participants.
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