How the Ali Act overhaul is clearing the path for a Saudi-backed takeover of boxing
The article discusses the proposed overhaul of the Ali Act, a federal law designed to protect the rights and welfare of boxers. The changes, introduced as the Muhammad Ali American Boxing Revival Act, would allow a Saudi-backed venture to bypass boxing's sanctioning bodies and adopt the UFC model, potentially undercutting the protections the Ali Act once ensured. The article notes that the changes are rumored to be part of a quiet effort by TKO Holdings Group, which owns the UFC and WWE, to expand into the boxing industry. The article suggests that the proposed legislation could have significant implications for the sport of boxing and the boxers themselves.
Note: This is an AI-generated summary of the original article. For the full story, please visit the source link below.
