Star Boxing's Joe DeGuardia joins Team LeftJab Boxing Radio to give us the latest on the New York Boxing Insurance increase that threatens to cripple boxing in NY. We get Joe's thoughts on everything from why the new increase came to be to what happens now to boxing in NY.
The New York State Athletic Commission, in a very brief meeting this afternoon, approved a health insurance rate hike that has been heavily protested by numerous boxing promoters as being existentially threatening to the sweet science in the Empire State.
Included in the new regulations are an increase from $10,000 to $50,000 in medical and death benefits and a more controversial measure that requires promoters of boxing and MMA to have $1 million of insurance in the event a fighter suffers a traumatic brain injury
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