114 STAT. 322 PUBLIC LAW 106-210—MAY 26, 2000 15 USC 6301 note. 15 USC 6308-6313, 6301 note. Deadline. Guidelines. 15 USC 6307a. 15 USC 6307b. Applicability. (6) It is necessary and appropriate to establish national contracting reforms to protect professional boxers and prevent exploitive business practices, and to require enhanced financial disclosures to State athleticommissions to improve the public oversight of the sport. SEC. 3. PURPOSES. The purposes of this Act are— (1) to protect the rights and welfare of professional boxers on an interstate basis by preventing certain exploitive, oppressive, and unethical business practices; (2) to assist State boxing commissions in their efforts to provide more effective public oversight of the sport; and (3) to promote honorable competition in professional boxing and enhance the overall integrity of the industry. SEC. 4. PROTECTING BOXERS FROM EXPLOITATION. The Professional Boxing Safety Act of 1996 (15 U.S.C. 6301 et seq.) is amended— (1) by redesignating sections 9 through 15 as sections 17 through 23, respectively; and (2) by inserting after section 8 the following new sections: " SEC. 9. CONTRACT REQUIREMENTS. "Within 2 years after the date of the enactment of the Muhammad Ali Boxing Reform Act, the Association of Boxing Commissions (ABC) shall develop and shall approve by a vote of no less than a majority of its member State boxing commissioners, guidelines for minimum contractual provisions that should be included in bout agreements and boxing contracts. It is the sense of the Congress that State boxing commissions should follow these ABC guidelines. "SEC. 10. PROTECTION FROM COERCIVE CONTRACTS. "(a) GENERAL RULE. — "(1)(A) A contract provision shall be considered to be in restraint of trade, contrary to public policy, and unenforceable against any boxer to the extent that it— "(i) is a coercive provision described in subparagraph (B) and is for a period greater than 12 months; or "(ii) is a coercive provision described in subparagraph (B) and the other boxer under contract to the promoter came under that contract pursuant to a coercive provision described in subparagraph (B). "(B) A coercive provision described in this subparagraph is a contract provision that grants any rights between a boxer and a promoter, or between promoters with respect to a boxer, if the boxer is required to grant such rights, or a boxer's promoter is required to grant such rights with respect to a boxer to another promoter, as a condition precedent to the boxer's participation in a professional boxing match against another boxer who is under contract to the promoter. "(2) This subsection shall only apply to contracts entered into after the date of the enactment of the Muhammad Ali Boxing Reform Act. "(3) No subsequent contract provision extending any rights or compensation covered in paragraph (1) shall be enforceable against a boxer if the effective date of the contract containing
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