03/20/2003 FORM 8K
SECURITIES AND EXCHANGE COMMISSION

WASHINGTON, D.C.



FORM 8-K

CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934


Date of Report (Date of Earliest Event Reported):     March 19, 2003


BALLY TOTAL FITNESS HOLDING CORPORATION

(Exact name of registrant as specified in its charter)

Commission file number:   0-27478

Delaware 36-3228107


(State or other jurisdiction of incorporation) (I.R.S. Employer Identification No.)
     
8700 West Bryn Mawr Avenue, Chicago, Illinois 60631


(Address of principal executive offices) (Zip Code)
     
Registrant’s telephone number, including area code: (773) 380-3000
  

Page 1 of 2
Exhibit Index on Page 2



BALLY TOTAL FITNESS HOLDING CORPORATION
FORM 8-K
Current Report


Item 5. Other Events
     
   On March 20, 2003, Bally Total Fitness Holding Corporation issued a press release with respect to the appointment of three new members to its Board of Directors and the resignation of two members. A copy of the press release is attached as Exhibit 99.1 hereto and is incorporated herein by reference
     
Item 7. Financial Statements and Exhibits
     
   c.   Exhibits
     
   10.1 Letter Agreement, dated March 19, 2003, between Bally Total Fitness Holding Corporation, SLS Management, LLC., and Scott L. Swid
   10.2 Letter Agreement, dated March 19, 2003, between Bally Total Fitness Holding Corporation and Martin E. Franklin
   99.1 Press Release dated March 20, 2003

       Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this Report to be signed on its behalf by the undersigned hereunto duly authorized.



  BALLY TOTAL FITNESS HOLDING CORPORATION  
 
  Registrant
   
Dated: March 20, 2003 /s/ John W. Dwyer
 
  John W. Dwyer
  Executive Vice President and Chief Financial Officer
  (principal financial officer)



Page 2 of 2