How does one become a boxing promoter?

[Pac Man Fan 83]

...and what exactly does the job entail?

From what I can gather, one must sign certain boxers and then work with other promoters to set up fights for the guy(s) they sign. The promoter is also responsible for negotiating the fight details (location, money, etc.) and then actually promoting the fight so that it makes money. To me it sounds sort of like a sports agent only with more responsibility.

Is any of this right? Does anyone know how guys like Don King, Bob Arum and Gary Shaw became promoters? It seems like maybe a business degree would come in handy, as would law school.

Does anyone know for sure though, all of this is just my thinkng out loud.

[Stealthic]

I've never looked into it, but my first guess would be to get a fighter. Then you'd have to muscle your way into the fold as long as your fighter had something going for him.

It sounds easy, and the principles probably are, but it obviously just takes a lot of motivation and aggressiveness, and probably some money to get things done.

[MrUnstoppable]

It's all about who you know. The best way to get in is to try and get a job working for for a successful promoter and learn all you can. Theres a lot more to it than it seems.

[Riptor]

In this area you have to apply for a license with the D.C. /and or Maryland boxing and gaming commisions and you have to get a few other things and then you are all set. Just because you aplly with them doesnt mean that you get it. there is more detail but I dont feel like posting it all now.