Damon Feldman operated the Celebrity Boxing Federation. He pleaded no contest Monday in Delaware County to fixing fights and promoting fights without a license. He tells The Associated Press he'd have liked to fight the charges but "didn't want to take a chance."
The Philadelphia Daily News says Feldman is barred from promoting for two years. He also must pay $7,500 restitution.
Feldman calls the celebrity bouts "100 percent entertainment." He says he hopes to make a comeback.
