International Boxing Association (amateur) their teams and receive salaries. Matches are held in five different weight classes, boxers compete in five three-minute rounds, don't wear headgear and are bare-chested. The judging system is similar to professional boxing. However, boxers are still considered amateur, so they may compete in amateur competitions, such as Olympic Games. In August 2011, Olympic news outlet Around the Rings reported that the AIBA unanimously approved the creation of its own professional boxing brand in addition to WSB. "With AIBA Professional Boxing, the boxer from the very beginning knows what is going to happen to them and what is going to
Professional boxing Professional boxing Professional boxing, or prizefighting, is regulated, sanctioned boxing. Professional boxing bouts are fought for a purse that is divided between the boxers as determined by contract. Most professional bouts are supervised by a regulatory authority to guarantee the fighters' safety. Most high-profile bouts obtain the endorsement of a sanctioning body, which awards championship belts, establishes rules, and assigns its own judges and referee. In contrast with amateur boxing, professional bouts are typically much longer and can last up to twelve rounds, though less significant fights can be as short as four rounds. Protective headgear is not permitted, and