California
Haney introduces bill to create ‘pension fund’ for retired MMA fighters
SACRAMENTO, Calif. – Assemblyman Matt Haney (D- San Francisco) has launched laws to create a pension fund for retired MMA fighters.
“Like tens of millions of different Californians, I watch MMA,” mentioned Haney. “I used to go right down to Blockbuster after I was in center college, and lease on VHS the Royce Gracie fights.”
Haney took his love for the game and launched the invoice that will tack on a $1 surcharge on each ticket bought to sanctioned MMA occasions within the state. That cash would go right into a so-called pension fund.
“If we’re going to manage these fights and authorize them,” mentioned Haney. “We also needs to guarantee that when these guys and ladies retire, that they’re taken care of with a pension.”
Haney has the assist of a number of retired MMA fighters together with UFC hall-of-famer Ronda Rousey and Frank Trigg. Trigg factors out California hosts extra fights than some other state and is a billion-dollar trade.
“Boxing and blended martial arts, generate income for California, that’s the underside line,” mentioned Trigg. “You need to reward these individuals and ensure there are extra fights, give them a retirement.”
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The California State Athletic Fee regulates skilled boxing and MMA occasions and could be in command of the fund. Below the proposed invoice, athletes would qualify by competing in an estimated 13 fights in California.
They might then obtain a one-time test after retiring and turning 50 or take an early launch for schooling or medical causes.
This mirrors a framework for a boxers’ pension fund already in place and operated by CSAC.
“Since 2012, the fee has given out 171 of those pensions—the common payout was $19,000,” mentioned Andy Foster, govt director of CSAC.
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As a way to go, the invoice would require a two-thirds majority of the legislature. Haney is assured the votes are there, and supporters hope different states might observe California’s lead.
“This isn’t a partisan factor,” mentioned Haney. “Republicans love MMA, Democrats love MMA, individuals from rural, city areas throughout California, I believe we’ll see a number of assist round this.”
The invoice could possibly be heard on the Meeting flooring as early as this month.