NSAC collected $5,300,000 in fees last fiscal year
The Nevada Athletic Commission said Friday it collected a record $5.3 million in fees and taxes last fiscal year mostly…
The Nevada Athletic Commission said Friday it collected a record $5.3 million in fees and taxes last fiscal year mostly due to high-profile fight cards.
The collections surpassed the previous $4.8 million record set in fiscal year 2007. The most recent fiscal year started July 1, 2011, and ended June 30.
Keith Kizer, executive director of the commission, said the increased revenue was largely due to two fights involving Floyd Mayweather and two featuring Manny Pacquiao. Some UFC cards contributed to the record collection.
The money comes mainly from licensing of boxers and promoters, gate fees and television networks, said Kizer.
