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Changes to fees when commission returns

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Changes to fees when commission returns

Postby Kyle Shiely » Tue Jul 19, 2011 9:05 pm

The State Legislature passed the jobs and economic development bill tonight, which will see the following changes for fees when the commission returns back to work:

All licenses except promoters and amateur fighters are now $45. Amateur fighter licenses will be $25. Promoter licenses will remain $400.

The event fee for professional events will be $1500 per event, or 4% of ticket sales, whichever is higher. The amateur event fee will increase to $500.

Finally, the same day registration fee will become official for professional fighters only. Anyone who registers the day of the event will pay $100 extra on top of their $45 license.
Kyle Shiely
 
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Re: Changes to fees when commission returns

Postby AJudge » Tue Jul 19, 2011 9:08 pm

Thanks for the update.
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Re: Changes to fees when commission returns

Postby Kyle Shiely » Tue Jul 19, 2011 9:12 pm

Anytime. The commission was not given any money by the Legislature for the next two years and will have to survive on event fees and what is left in the bank from UFC in 2008
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Re: Changes to fees when commission returns

Postby Aasen » Wed Jul 20, 2011 10:52 am

just get another ufc here, can't be that hard they put on 1 a week
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Re: Changes to fees when commission returns

Postby Kyle Shiely » Wed Jul 20, 2011 11:41 am

Obviously it is. Xcel and Target Center have been dying to get them here. I heard that Target Center even offered to pay all their fees and taxes, that is how bad they want them back.

But why would UFC come here when they couldn't sell out a show with Brock Lesnar and GSP on the card? There are lots of cities around the world that will sell out, so why bother with places that don't? They haven't even been back to Chicago in a couple of years. UFC knows where it's audience is. They'll come back eventually, but it won't be this year. This year is pretty much set. My guess is that next time they come it will be a Strikeforce or Fight Night/Versus show over a big PPV, to make sure it sells out. It all depends on building availability and when the show is. If they need the third Saturday of some month and we have an open building, that is when they will come back. But they have lots of choices and we are far down the list of places they want to return too. Look at all the problems they had in Vancouver with the city and the insane insurance premiums, and they went back there right away. That tells you where we rate.
Kyle Shiely
 
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Re: Changes to fees when commission returns

Postby Aasen » Wed Jul 20, 2011 3:15 pm

I gotta quit stealing their audience, I will put a call into Dana real quick.
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Re: Changes to fees when commission returns

Postby DickPunch » Wed Jul 20, 2011 6:09 pm

A UFC event at the Xcel would be titties.
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