The bill's purpose is to prevent abuses and to increase disclosure within the boxing industry, specifically targeting conflicts of interest that arise for promoters. The legislation creates no new federal bureaucracy and imposes no new regulatory mandates on state boxing commissions. Muhammad Ali has endorsed the legislation and submitted favorable testimony during Senate proceedings. If the bill becomes law, the most egregious abuses in the boxing industry would be prohibited on a nationwide basis, and states would receive much more information about the treatment of professional boxers in their states. The bill limits contracts between boxers and promoters to one year, stopping the promoters' coercive practice of requiring long contracts for fighters to obtain a particular bout.
Promoters use the technique to control a certain weight division.
Also, contract terms would have to specify a minimum number of bouts, to avoid the purposeful sidelining of fighters. The bill would ensure that the manager is an independent advocate of the boxer, instead of serving the financial interests of the promoters as is now too often the case. Sanctioning organizations would have to establish objective criteria for the rating of professional boxers. In addition, they would have to publicly disclose their bylaws, ratings criteria, and rosters of officials who vote on the ratings. If a sanctioning organization changed a boxer's rating, it would have to inform in writing the reason for the change, as well as provide an appeals process.