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 Thread Killer
Posts: 7543
   
| I hope LV and the PRCA can make a deal. If they don't, neither one is going to get my money - ever. |
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 Regular
Posts: 81
| last week the Las Vegas times wrote a great article about the talks of the PRCA leaving the compared it to when miss America dumped them to go back to the board walk - I guess that it is starting to show true - part of the draw to Vegas is all the other options you get when you go there - nice dinning that maybe you can't get in your home town, shows, shopping, the World Series finals, ect. My dad use to have a booth there for almost twenty years I know that he wouldn't take his business across the country - - - it seems to me that I would want to hear what the cowboys have to say the whole reason they started the organization was to have a say so where is there say now??? I guess a lot of us are seeing it from the prospective of the spectators who attend Vegas and who some day want to hear our names called as we go down the tunnel of the T & M |
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The Resident Destroyer of Liberal Logic
Location: PNW | Bibliafarm - 2013-12-15 10:21 PM
The livestock and horses will die .. in the heat here.. its winter but not cold down south. its clearly in the 80's.. coming from northern states with their winter coats and acclimated to cold.. it will be very hard on them here.. bad decision .. stay in cold climates.
This was my FIRST thought.lol |
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The Resident Destroyer of Liberal Logic
Location: PNW | Can somebody explain the financial side of things here? I don't fully understand what exactly LVE pays for, or why.
Do they front the PRCA everything and then the PRCA pays everything back after ticket sales? I just don't understand. |
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  Warmblood with Wings
Posts: 27846
Location: Florida.. | svincent - 2013-12-15 11:37 PM Can somebody explain the financial side of things here? I don't fully understand what exactly LVE pays for, or why. Do they front the PRCA everything and then the PRCA pays everything back after ticket sales? I just don't understand.
dont quote me but i thought i saw that they dont get a fair cut.. the contestants.. so a differant venue they would get more .. i think .. not sure |
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Elite Veteran
Posts: 733
| I am not really sure how they financials exactly work, but from the sounds of things they are trying to get the cowboys more prize money. From what some of the cowboys/girls and their spouses have put on face book it sounds like they are in favor of the PRCA's decision. With Nascar and some of the other things that go on in Vegas, the rodeo brings in money but not as much compared to those events. No Florida is not an ideal place, and I love Vegas, alot of the time we go down during the NFR and don't even go to the actual rodeo, its just when we like to go to Vegas. Would I go in Florida, no but is on the opposite side of the country from us, if I lived in Florida would I go to Vegas to the NFR prob not. I don't know if Florida has gambling, but most rodeo people LOVE to gamble (just a little observation I have made) and I know some of my friends go down for the roping and stuff they have during the rodeo so that all may hurt them. But the facts of it is they are willing to put up more money and build a new arena hard to turn that down. I really hope Vegas will come around but I don't know if they NFR really has enough weight to through around to get them to. I do think they would get more spectators moving to a little more central location like Texas. If it does move it will be really sad, I like when the cowboys go to Vegas, but it all comes down to the bottom like. Those cowboys and cowgirls work hard to get there and I am sure most of their money is spent when they get there, they deserve to make as much as they can in those 10 days. Personally I don't see it lasting longer than 7 years but hey who knows. |
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The Resident Destroyer of Liberal Logic
Location: PNW | So the city of LV... Pays the PRCA to bring the NFR to town...
But why? Just for the millions in business that the event generates for the city?
So it works as though Las Vegas is the "sponsor" of the NFR? I'm just trying to understand - I have no experience with this type of business relationship. |
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Red Bull Agressive
Posts: 5981
Location: North Dakota | Ugh. I don't know what to think anymore. I naturally want to support the sport, and if the competitors have the opportunity to make more $$ at a different venue, then I'm open. But I don't want fees for spectators to go up. That's going to lose a lot of business. I also don't like the idea of FL. It's hot, it is not a central location at all, and getting a plane ticket to FL in December doesn't seem like it'll be so easy. I don't really want it to move, but I'd be open to a location that has more to offer than FL. |
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Warmblood with Wings
Posts: 27846
Location: Florida.. | yes it sounds like the cowboys and girls are in favor of change in venue if it can be in their best interest so i wil support them.. |
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 Mature beyond Years
Posts: 10780
Location: North of the 49th Parallel | This is a tweet that was on my Twitter so I don't know if this has been confirmed or not: "under florida law livestock that come from Canada has to be quaratine for 3 months. That means the stock from the CES can't buck" That is gonna really suck for stock contractors like Calgary Stampede and Kesler. |
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 I'm not opinionated
Posts: 4597
Location: Online | I think it's stupid to move it. I hope they lose their butts. Maybe Las Vegas should pony up the bucks and build a bigger facility with more seating. |
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Elite Veteran
Posts: 733
| svincent - 2013-12-16 8:52 PM
So the city of LV... Pays the PRCA to bring the NFR to town...
But why? Just for the millions in business that the event generates for the city?
So it works as though Las Vegas is the "sponsor" of the NFR? I'm just trying to understand - I have no experience with this type of business relationship.
OK not sure if this is correct but I believe the LVE or other venue promises the PRCA x amount of money, then the venue keeps the profit over amount x. I know that the contestants have their fees paid, and are guaranteed $10K. So if they win lets say $15,000 they don't also get the $10k. But if they win $7000 they will get $3000 so it totals $10,000, or if they win zero they get $10,000. I know $10k might sound like alot but I have always heard (from NFR qualifiers) that the money they make at the finals is usually their profit for the year. So when you consider $10,000 as a yearly profit it really doesn't look as good.
So in the article, Vegas put out, it said that Florida is offering $4 million more than Vegas. In the article that Florida put out it said that Vegas pays $15 mil and Florida offered $16 mill. So I am guessing since the contract with Vegas is up after 2014 in the new contract that Vegas offered the PRCA it dropped from $15 mill to $12 mil (16-4). Now IMO this is a business move on Vegas' part to try to get it at a lower cost, I am guessing the amount they offered is not the true amount they are actually willing to pay. Please don't flame me this all speculation. Its finals week, my brain is fried, I could not be making any since. |
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| I think if it's a substantial bigger payday for the contestants it will be good for the sport. And to think it will fail in fl......I doubt it. I know alot of people like the atmosphere of Vegas but Thomas and mack is sold out every night, so unless Vegas events brings more money to the table how does the casinos being full of cowboys and cowgirls help grow the prize money? It doesn't. I think it's exciting for the sport myself! |
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The Resident Destroyer of Liberal Logic
Location: PNW | Rope-N-Run - 2013-12-15 11:14 PM
svincent - 2013-12-16 8:52 PM
So the city of LV... Pays the PRCA to bring the NFR to town...
But why? Just for the millions in business that the event generates for the city?
So it works as though Las Vegas is the "sponsor" of the NFR? I'm just trying to understand - I have no experience with this type of business relationship.
OK not sure if this is correct but I believe the LVE or other venue promises the PRCA x amount of money, then the venue keeps the profit over amount x. I know that the contestants have their fees paid, and are guaranteed $10K. So if they win lets say $15,000 they don't also get the $10k. But if they win $7000 they will get $3000 so it totals $10,000, or if they win zero they get $10,000. I know $10k might sound like alot but I have always heard (from NFR qualifiers ) that the money they make at the finals is usually their profit for the year. So when you consider $10,000 as a yearly profit it really doesn't look as good.
So in the article, Vegas put out, it said that Florida is offering $4 million more than Vegas. In the article that Florida put out it said that Vegas pays $15 mil and Florida offered $16 mill. So I am guessing since the contract with Vegas is up after 2014 in the new contract that Vegas offered the PRCA it dropped from $15 mill to $12 mil (16-4 ). Now IMO this is a business move on Vegas' part to try to get it at a lower cost, I am guessing the amount they offered is not the true amount they are actually willing to pay. Please don't flame me this all speculation. Its finals week, my brain is fried, I could not be making any since.
Thank you! That makes sense and is pretty close to what I understood it to be. So hypothetically....
LVE gives PRCA 15m for the rodeo expenses. The NFR generates 20m in ticket sales. LVE gets to keep the profit, 5m.
Right? Lol sorry folks, I'm just trying to get the info straight in my brain. |
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Elite Veteran
Posts: 733
| svincent - 2013-12-16 9:18 PM
Rope-N-Run - 2013-12-15 11:14 PM
svincent - 2013-12-16 8:52 PM
So the city of LV... Pays the PRCA to bring the NFR to town...
But why? Just for the millions in business that the event generates for the city?
So it works as though Las Vegas is the "sponsor" of the NFR? I'm just trying to understand - I have no experience with this type of business relationship.
OK not sure if this is correct but I believe the LVE or other venue promises the PRCA x amount of money, then the venue keeps the profit over amount x. I know that the contestants have their fees paid, and are guaranteed $10K. So if they win lets say $15,000 they don't also get the $10k. But if they win $7000 they will get $3000 so it totals $10,000, or if they win zero they get $10,000. I know $10k might sound like alot but I have always heard (from NFR qualifiers ) that the money they make at the finals is usually their profit for the year. So when you consider $10,000 as a yearly profit it really doesn't look as good.
So in the article, Vegas put out, it said that Florida is offering $4 million more than Vegas. In the article that Florida put out it said that Vegas pays $15 mil and Florida offered $16 mill. So I am guessing since the contract with Vegas is up after 2014 in the new contract that Vegas offered the PRCA it dropped from $15 mill to $12 mil (16-4 ). Now IMO this is a business move on Vegas' part to try to get it at a lower cost, I am guessing the amount they offered is not the true amount they are actually willing to pay. Please don't flame me this all speculation. Its finals week, my brain is fried, I could not be making any since.
Thank you! That makes sense and is pretty close to what I understood it to be. So hypothetically....
LVE gives PRCA 15m for the rodeo expenses. The NFR generates 20m in ticket sales. LVE gets to keep the profit, 5m.
Right? Lol sorry folks, I'm just trying to get the info straight in my brain.
Yes I THINK so, but I am thinking that LVE gets more like $50 mil not $5 mil. I think that is why the PRCA was so offended by they offer. |
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Elite Veteran
Posts: 733
| Charley Crawford posted this to his Face book page, thought you guys might like to read it: Ok people, all the talk about the NFR is going crazy! We all stood up before a board the other day and asked them not to sign the 10 year contract that Las Vegas offered us while we have other multiple offers for a lot more money! This was agreed upon by every contestant in the top 15 at the NFR!! You can't be mad at the PRCA for finally standing behind us!! This is the first time we have all come together in an effort to make the sport better! I'm sorry if some of you feel like it might mess up your one fun week in Vegas, but this is something us cowboys and cowgirls work for our entire lives! We sacrifice time away from family, travel all year with no guaranteed pay, put more money back in from our own pockets all year than any other professional athletes do. Most of the guys getting to the finals come there with so much debt from the efforts of trying to get there that year that their biggest hope is to win enough to start the next year off at even! Sometimes in order to make things better you have to have a change! And remember moving the finals is not necessarily what the cowboys want, but if Vegas is not willing to come to the plate then we do have way better offers! And keep in mind, Vegas does have the opportunity to counter offer. So if we don't go back there, that on them not us! |
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 Bit O Holic
Posts: 6448
Location: hot, humid and dry...Gulf coast East of Houston.. | I understand it from a contestants prospective, and I am all for them getting paid more, but I am afraid that it will hurt it as a whole. Maybe im wrong, but it seems like more "spectators" like to visit Vegas, and shop, gamble, ect.. And in return that helps the sponsors bring in more revenue to be able to sponsor more. I just dont see any place offering as much for the fans as Vegas does. I am not familiar with Florida or even other areas that may have offers out as well. I hope I am wrong, and where ever they choose to go will bring even more fans, but im just not sure that thats the best thing right now.
Another question I have, just thinking out loud here, but I recall seeing LVE made a comment about them having a new finals should WNFR leave. What are the other options for a finals without WNFR? Would it open up the door for CPRA or something of the likes to become bigger and gain more sponsors and competetors to possibly out do the PRCA? |
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 Money Eating Baggage Owner
Posts: 9586
Location: Phoenix | The whole point of going to the NFR is going to Vegas. It just fits! The atmosphere, the lights, the hustle and bustle....I just don't see Florida being as fitting. But if it means bigger payout--they will go where the money is and many fans will follow. But I probably won't. |
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| Ok, this thing looks like it may really happen. The agreement would be a 20 year contract apparently. They would hold the first one in the Orlando magic arena. Then after that in a new 24,000 seat arena. Also this is all tied in with the American music resort that is apprently being built there and this is where the arena would be built. |
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 The Famous Hot Wing Chicken Girl
Posts: 2964
| While I don't agree with Florida as the chosen state, this could be good for rodeo on several different levels. For starters, us east coast cowgirls and cowboys don't have hardly any PRCA/WPRA rodeos we can enter. Maybe by moving the NFR, we will get more opportunities to run those events and attempt to qualify.
Money is another big reason. If you break it down, those qualifying for the NFR really aren't rolling in the dough.
Everyone wants rodeo to be noticed..maybe this is how it will happen.
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