NAC467.102. Contract between manager and unarmed combatant: General requirements; arbitration of disputes; authority of managers; assignment.

     1. The Commission may refuse to honor a contract between a manager and an unarmed combatant unless it is filed with the Commission at least 72 hours before a scheduled contest or exhibition and it complies with the requirements of this section. The Commission will not honor a contract between a manager and an unarmed combatant if the term of the contract is for a period of more than 4 years.

     2. A manager may not contract to receive the services of an unarmed combatant under his or her management for a contest or exhibition which is scheduled to take place after the expiration of the contract.

     3. A contract between an unarmed combatant and a manager that is executed and notarized on a form provided by the Commission may provide for voluntary binding arbitration of disputes by the Commission. The arbitration must be conducted by a representative of the Commission appointed by the Chair. The arbitration must be conducted pursuant to the Uniform Arbitration Act of 2000, NRS 38.206 to 38.248, inclusive.

     4. The Commission may honor a contract that is not executed and notarized on a form provided by the Commission if the terms of the contract comply with the requirements of this section. If the terms of the contract exceed the limitations contained in this section, the Commission may honor the contract to the extent of those limitations.

     5. A manager may not negotiate or sign for contests or exhibitions for an unarmed combatant who is not under contract to the manager. An unarmed combatant who does not have a contract with a licensed manager must sign for his or her own contest or exhibition and sign the receipt for his or her own purse.

     6. A manager or managers may not participate separately or collectively in more than 33 1/3 percent of the earnings of the unarmed combatant in the ring.

     7. An interest, other than a monetary interest, which an unarmed combatant or a manager has in a contract may not be assigned unless:

     (a) A written assignment, signed by the unarmed combatant and the manager, is submitted to the Commission; and

     (b) The Commission approves the assignment.

     [Athletic Comm’n, §§ 56-59, 61, eff. 4-25-78]—(NAC A 12-13-82; 11-2-88; 12-2-97; R076-03, 12-3-2003)