Payments

01. Generally. All payments must be made in legal tender including bank checks and transfers, unless specified by contract with approval of the Commission. (7-1-25) 02. Combatants. Consistent with Section 54-402, Idaho Code, promoters may not compensate amateurs for participating in or being associated with events, including paying an amateur to sell tickets or merchandise or provide services related to an event. (7-1-25) 03. Promoters. Promoters may withhold from a combatant’s purse money, if agreed upon in writing and approved by the Commission, up to ten percent (10%) of the purse. Reconciliation of these expenses and payment of the remaining purse shall be made to the Commission within seven (7) working days after the contest, and written approval of the combatant. The Commission may grant an extension of up to thirty (30) days for good cause shown. (7-1-25) 04. Manager's Share. A manager’s share of the purse may be deducted and paid directly to the manager if the contract so specifies. (7-1-25) 05. Timing. Checks or cash shall be released to entitled persons immediately after the contest of IDAHO ADMINISTRATIVE CODE IDAPA 24.02.01 Div. of Occupational & Professional Licenses Rules of the State Athletic Commission Section 299 Page 12 exhibition, or after the combatant’s percentage of net receipts is determined, unless otherwise ordered by the Commission. (7-1-25) 06. Alternative Payment. The Commission may permit alternative forms of payment, subject to a written request from the promoter at least thirty (30) days before the contest, detailing the proposed method of payment and showing good cause for a waiver of the Commission’s provisions. The promoter shall comply with all Commission requirements and procedural directives if the request is granted. (7-1-25) 208. – 298. (RESERVED)