Open Extended Reactions: The National Finals Rodeo Extends Its Stay in Las Vegas
The National Finals Rodeo (NFR) has extended its agreement to remain in Las Vegas through 2035, marking a significant milestone for the sport and the city.
Increased Prize Money and Bonuses
As part of the new agreement, NFR competitors and stock contractors will receive a substantial boost in prize money. The prize pool for this year’s event, scheduled for December 5-14, will exceed $16.2 million, with an increase to $17.5 million next year. Over the remaining years of the contract, the prize money will increase by $1 million annually.
In addition, Las Vegas Events will contribute an additional $1.3 million in signing bonuses this year and in 2025.
A History in Las Vegas
The NFR has been a resident of Las Vegas since 1985, except for a brief relocation to Arlington, Texas in 2020 due to COVID-19 restrictions. This long-standing relationship has contributed to the city’s status as a major destination for rodeo and Western sports.
NFR: The Super Bowl of Rodeo
The NFR is widely regarded as the “Super Bowl of rodeo.” It brings together the top 15 qualifiers from each rodeo discipline to compete for the coveted world championship titles. The event attracts a massive audience of fans, spectators, and industry professionals.
Economic Impact
The NFR has a substantial economic impact on Las Vegas. According to a study commissioned by the Las Vegas Convention and Visitors Authority, the 2022 NFR generated an estimated $166.2 million in economic activity for the city.
Community Involvement
Beyond its economic impact, the NFR also plays an active role in the Las Vegas community. Through its “NFR Gives Back” program, the event supports local charities and non-profit organizations.
Legacy and Future
The NFR’s extended stay in Las Vegas secures the event’s future in the city for years to come. It also reaffirms the partnership between the rodeo community and the Las Vegas hospitality industry.
Conclusion
The National Finals Rodeo’s extended agreement to remain in Las Vegas through 2035 is a testament to the enduring legacy of the event and its significance to the city. With increased prize money, community involvement, and a commitment to the Western sports tradition, the NFR will continue to thrive in Las Vegas for generations to come.
