Muhammad Ali disclosure?? wtf ....I NEED HELP

okay i was reading this article from gary shaw he says the reason why James Kirkland left him was because Shaw did not sign a Muhammad Ali disclosure. WTF is he talking about?
http://www.boxingscene.com/shaw-says-kirkland-cash-out-backfired-shreds-angulo--45763

He's refering to the Muhammad Ali Act.

Basicaly laws put in place to protect fighters from sleazy contracts, such as giving future options over to a promoter in order to get a fight. It also requires promoters and sanctioning bodies to disclose all financial information about the bouts being put on, such as how much fighter is getting paid or how much he is being charged in sanction fees.

Been widely stated eventually MMA will be be merged into Muhammad Ali Act. IF so, White and the UFC are fucked.

GrantZilla wrote:He's refering to the Muhammad Ali Act.

Basicaly laws put in place to protect fighters from sleazy contracts, such as giving future options over to a promoter in order to get a fight. It also requires promoters and sanctioning bodies to disclose all financial information about the bouts being put on, such as how much fighter is getting paid or how much he is being charged in sanction fees.

Been widely stated eventually MMA will be be merged into Muhammad Ali Act. IF so, White and the UFC are fucked.

thanks grant, this should be mandatory. Every state commission should ratify this act. I could just imagine how many boxers have been duped because they are probably not even aware of this act.

And people wanted Bradley to stick with this guy