Yahoo Sports· 1h ago· 1 min read
A revised version of the bipartisan Muhammad Ali American Boxing Revival Act was introduced in the U.S. Senate on Thursday by Commerce Committee Chairman Ted Cruz (R-Texas) and Senator Jacky Rosen (D-Nev.).
The controversial piece of legislation , backed by TKO — the parent company of UFC, WWE and Zuffa Boxing — passed the U.S. House of Representatives in March by an overwhelming majority .
The Ali Revival Act allows for the creation of Unified Boxing Organizations (UBOs). UBOs would remove the sport’s separation between promoters and sanctioning bodies, allowing promotional entites to run their own rankings systems, award titles and organize events under the same banner. The new bill essentially allows Zuffa Boxing to sidestep the guardrails of boxing and run similarly to the UFC.
Many within combat sports are cautious about supporting the act because the UFC has a virtual monopoly…
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