Matchroom Boxing boss Eddie Hearn intends to change the Ali Act, which was adopted in May 2000 to regulate financial transparency in combat sports.
Eddie Hearn
The problem with the Ali Act for them is, you have to disclose to the fighters the revenue of the show, particularly from the broadcaster. That is a major problem because they will be receiving a significant rights deal from Paramount. When you’re making millions in a rights deal and the talent is getting such a small percentage, that’s going to cause a problem. Imagine if the UFC fighters could see the revenue that the UFC were making from the show. You’d turn around and go, ‘I’m getting how much?’ You’re going to have a situation where a boxer is making three or four times more than the main event on the UFC card, and the revenue is more for the UFC card than it is for the boxing. They can’t afford for the talent to see the numbers.
The Muhammad Ali Boxing Reform Act (Ali Act) is a U.S. federal law passed in May 2000. The law’s purpose is to minimize contact between promoters and boxers, as close interaction often led to boxers being cheated financially. The law also prohibits promoters from monopolizing titles, so that elite boxers could benefit from an open and competitive market.
