Nick Khan was speaking about the Ali Act.
There was a Senate committee hearing on April 22nd about the Muhammad Ali Boxing Reform Act, which is a federal law to protect boxers from exploitation. Per the law, promoters must disclose revenue numbers to main event fighters, so it opens the door for better pay negotiations.
Among those present to speak at the hearing was WWE President and Zuffa Boxing executive Nick Khan. While speaking about the WBC’s spending habits, Khan disclosed that WWE’s partner in Make-A-Wish purchased $2,500 worth of WrestleMania 42 tickets.
“So WrestleMania this past weekend… Make-A-Wish — WWE does a lot of work with Make-A-Wish. John Cena, in particular, has made more wishes happen than any other human in the existence of Make-A-Wish. Make-A-Wish, a nonprofit organization, they bought $2,500 of tickets. The WBC for Canelo/Crawford — they hold themselves out as a nonprofit — they purchase $265,000 of tickets for that event and insisted upon a suite for the President of their company. It’s a mess. It’s not just health and safety. We all want more health and safety. It’s about presenting an option and by the way, if fighters want to, as Mr. (Oscar) De La Hoya said, they wanna fight for those belts, please, feel free. We’re not saying get rid of them. We’re saying keep the Ali Act as is. Just provide this option for the UBOs, which we think is great for the fighters.”
The attendance numbers for WrestleMania 42 can be viewed here.
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