Core Perspective - The International Boxing Association (IBA) is launching a comprehensive reform plan called the "Golden Era," aiming to create an innovative boxing ecosystem with an estimated investment of $300 million [2][23]. Group 1: Historical Context - The IBA, one of the oldest boxing organizations, has faced significant challenges, including its expulsion from the International Olympic Committee (IOC) due to controversies surrounding its leadership and operations since the Russia-Ukraine conflict [3][4]. - The IBA's loss of Olympic oversight has prompted it to explore various reform strategies to revitalize the organization, which was established in 1920 [3][4]. Group 2: Reform Initiatives - The "Golden Era" plan encompasses competitive reforms and commercial development, aiming to integrate amateur boxing, professional boxing, and bare-knuckle boxing into a cohesive ecosystem [4][6]. - The IBA will continue to host world championships across all age groups and provide funding to member associations for youth boxing programs, despite losing its Olympic status [6][12]. Group 3: Professional Boxing Structure - The IBA Pro, set to launch in 2025, will establish a ranking system and world championship titles, differentiating itself from traditional professional boxing while collaborating with established organizations like the World Boxing Association (WBA) [6][12]. - The IBA Pro aims to create a hybrid system that allows amateur boxers to earn prize money while maintaining a distinct identity from traditional professional boxing [10][12]. Group 4: Introduction of Bare-Knuckle Boxing - The IBA is introducing bare-knuckle boxing as part of its competitive framework, aiming to attract new audiences with its raw and visually impactful nature [13][15]. - This initiative is seen as a way to capitalize on the growing popularity of mixed martial arts (MMA) and to provide a more intense experience for fans [17][19]. Group 5: Cultural and Commercial Expansion - The IBA plans to expand into various sectors, including fitness, gaming, and fashion, with initiatives like the establishment of IBA boxing gyms and the development of boxing-themed video games [23][25]. - Collaborations with fashion brands and the introduction of IBA-branded merchandise aim to position boxing as a lifestyle, similar to successful models in other sports [27][29]. Group 6: Financial Commitment and Future Outlook - The IBA's ambitious plans are backed by significant financial resources, with a focus on creating a sustainable and profitable boxing ecosystem [19][30]. - The success of the "Golden Era" initiative will depend on the IBA's ability to build partnerships and generate interest across various sectors, potentially transforming it into a dominant force in the boxing industry [30].