Las Vegas - Floyd Mayweather Jr can now organise and market fights in Nevada all on his own.
The Nevada Athletic Commission voted on Wednesday to grant the undefeated welterweight champion a promoter's licence.
The 37-year-old Mayweather has previously worked with fight promoters Top Rank and Golden Boy Promotions in his televised matchups in Las Vegas.
Boxing promoters are responsible for everything from insuring fighters against injury to paying for drug tests and hiring a ring announcer.
Mayweather Promotions CEO Leonard Ellerbe said the company knows what it takes to be successful and will continue to grow the sport of boxing, according to the Las Vegas Review-Journal.
Mayweather is a licensed promoter in Washington and New York. Ellerbe said the boxer plans to seek licenses in other states.