{"id":202907,"date":"2016-09-02T11:29:29","date_gmt":"2016-09-02T18:29:29","guid":{"rendered":"http:\/\/staging.tcpcharms.com\/bjpenn\/?p=202907"},"modified":"2016-09-02T11:29:29","modified_gmt":"2016-09-02T18:29:29","slug":"new-york-state-athletic-commission-deals-potentially-deadly-blow-fight-promoters","status":"publish","type":"post","link":"https:\/\/staging.tcpcharms.com\/bjpenn\/mma-news\/new-york-state-athletic-commission-deals-potentially-deadly-blow-fight-promoters\/","title":{"rendered":"New York State Athletic Commission Deals Potentially Deadly Blow to Fight Promoters"},"content":{"rendered":"

We’re now just a few months away from the UFC’s November 12 debut in Madison Square Garden<\/a>, which will mark the culmination of a hellacious battle to legalize mixed martial arts in the state of New York.<\/p>\n

As we celebrate the imminent arrival of the UFC in New York, however, the New York State Athletic Commission has confirmed a decision that is likely to drive many boxing promotions and small-time MMA promotions out of the state altogether.<\/p>\n

As explained by\u00a0Jesse Gillette of BloodyElbow.com<\/a>, the commission has announced that, henceforth, New York combat sports promoters must\u00a0provide “health insurance coverage amounting to $50,000 per combatant in addition to a $1 million guaranteed coverage per fighter in the event that a fighter suffers a traumatic brain injury.”<\/p>\n

This is a whopping increase from the minimum medical insurance coverage promoters were previously required to provide, which was just $10,000 per fighter.<\/p>\n

When asked about the cost of a $1 million insurance policy by MMA insider FrontRowBrian, New York based journalist Jim Genia offered a low-end estimate of about $750 up front per fighter.<\/p>\n

\n

.@FrontRowBrian<\/a> Various numbers have been floated around, but it sounds like $750 per fighter up front is the most optimistic quote.<\/p>\n

— jim genia (@jim_genia) August 31, 2016<\/a><\/p><\/blockquote>\n