Scottie Drippin
Should Never Mention Me
A good thing for the sport really bruh?![]()
TKO-Backed Muhammad Ali Bill Aims to Shake Up Boxing World
U.S. Reps. Brian Jack (R-Ga.) and Sharice Davids (D-Kan.) believe they have come up with a way to innovative the boxing industry.www.sportico.com
TKO-Backed Muhammad Ali Bill Aims to Shake Up Boxing World
I dont know anything about the business of boxing but this article makes it sound like the passing of this bill is a good thing for boxers and the sport. Any of you more knowledgeable agree or is this bill going to screw over boxers?
Read this again.
They want the government to roll over and make monopolizing boxing easy for them, and also absolve them from any of the protections and systems in play to protect boxers.The legislation, if passed, would eliminate many of the checks and balances that sanctioning bodies have attempted to impose on boxing promoters for decades.
Currently, sanctioning bodies like the World Boxing Association (WBA) and World Boxing Council (WBC) manage their own ranking systems, distribute championships, and order matchups to be made. Under the newly proposed bill, those competing in UBOs would compete entirely separate from this system.
Boxers would be given the option to compete for a UBO or remain under the current sanctioning body-based system in boxing, per Georgia Rep. Jack.
“The thrust here is we have a system and if you want to stay in that system, you can,” Representative Jack told Sports Illustrated, referring to boxing’s current sanctioning body-focused setup. “We are not touching the Ali Act. Instead, we are adding an additional section to U.S. code that allows for the creation of UBOs, and we’re touching the PBSA [Professional Boxing Safety Act] by amending it.”
Sanctioning bodies would continue to operate, but with boxers and promoters altogether opting out of the system, it could possibly give them less influence than ever before.
The UBO system has parallels to how UFC manages itself inside the MMA ecosystem
They essentially want their to be hole in boxing regulations where they can operate without any oversight. Aka the exact fukking reason the Ali act exists. Using his name to co-opt it is nasty.
And they want to destroy the boxing market by signing fighters to exclusive deals. This is the same company that owns the WWE and the UFC. They want to monopolize boxing the same way but they want to government to make it easier for them first.