Fla. Stat. 548.053
Distribution of purses to participants; statements

(1)

Unless otherwise directed by a representative of the commission, all purses shall be distributed by the promoter no later than 24 hours after the match. A written statement showing the distribution of the purse, including each item of receipt and each expenditure or deduction, shall be furnished to the participant and her or his manager, together with the participant’s share of the purse. The promoter shall retain a copy of the statement, certified by her or him to be correct, with receipted vouchers for all expenditures and deductions, for a period to be designated by the commission, which copy shall be provided to the commission upon demand.

(2)

Unless otherwise directed by a representative of the commission, a manager shall furnish to the participant she or he manages a statement of distribution, together with the participant’s share of the purse, no later than 24 hours after the manager receives the purse and statement from the promoter. The manager shall retain a copy of the statement, certified by her or him to be correct, with receipted vouchers for all expenditures and deductions, for a period to be designated by the commission, which copy shall be provided to the commission upon demand.

Source: Section 548.053 — Distribution of purses to participants; statements, https://www.­flsenate.­gov/Laws/Statutes/2024/0548.­053 (accessed Aug. 7, 2025).

548.001
Short title 548.002
Definitions 548.003
Florida Athletic Commission 548.004
Executive director 548.05
Control of contracts 548.005
Oversight of the commission 548.06
Payments to state 548.006
Power of commission to control professional and amateur boxing, kickboxing, and mixed martial arts matches 548.07
Suspension of license or permit by commissioner 548.007
Exemptions 548.008
Prohibited competitions 548.011
Power of commission to issue, withhold, suspend, or revoke licenses and permits 548.012
Promoter’s license 548.014
Promoters 548.017
Participants, managers, and other persons required to have licenses 548.021
Applications for licenses and permits 548.022
Oral examinations 548.024
Background investigation of applicants for licensure 548.025
License fees 548.026
Duration of license 548.028
Refusal to issue license 548.032
Permit for program of matches 548.033
Local prohibiting ordinance 548.035
Permit fees 548.037
Admissions not to exceed seating capacity 548.041
Age, condition, and suspension of participants 548.042
Participation under fictitious name 548.043
Weights and classes, limitations 548.046
Physician’s attendance at match 548.047
Duty of licensee to disclose condition of participant 548.049
Medical, surgical, and hospital insurance 548.052
Payment of advances by promoter regulated 548.053
Distribution of purses to participants 548.054
Withholding of purses 548.056
Prohibited financial interests in participant 548.057
Attendance of referee and judges at match 548.058
Sham or collusive contest prohibited 548.062
Public records exemption 548.064
Destruction of ticket or ticket stub 548.0065
Amateur matches 548.066
Ticket refunds 548.069
Age of spectators 548.071
Suspension or revocation of license or permit by commission 548.073
Commission hearings 548.074
Power to administer oaths, take depositions, and issue subpoenas 548.075
Administrative fines 548.076
Cease and desist notices 548.077
Florida Athletic Commission 548.079
Misdemeanors

Current through Fall 2025

§ 548.053. Distribution of purses to participants; statements's source at flsenate​.gov