Brief History of National Final Rodeo:
The PRCA first started the event in 1958 to determine the world champion in seven different rodeo events, namely; steer wrestling, tie-down roping, bull riding, bareback bronc riding, saddle bronc riding, barrel racing, and team roping. The event was first held in Dallas, Texas from 1959 until 1961. The event was then hosted in Los Angeles, California from 1962 to 1964. Oklahoma bid to be the host for the 1965 event. An estimated number of 47,000 fans came to the State Fair Arena bringing the state of Oklahoma an annual revenue of $8 million dollars per annum, the event was held there for 6 years before Las Vegas won the bid in 1984. Oklahoma tried to re-bid for the event, but they always came second to Las Vegas.
The annual event attracts hundreds of competitors because of the huge cash payout. The Professional Rodeo Cowboys Association has already given out $172 million over the past 59 years. On their 60th year running, participants and spectators alike are excited about the budget set for this year’s National Final Rodeo nfr live stream.
The Prize Money of National Final Rodeo 2018:
The total prize money has increased to an estimated amount of $6.4 million in 2014, almost doubling the amount it initially started with. On average $50,000 is given per winner at each event. According to National Finals Rodeo participants, they can win more money at a single event at the NFR compared to participating at other rodeo shows for an entire season. The largest payout given by the NFR was to Sage Kimzey who won $174,466 in 2014 for his spectacular performance in a bull riding event.
Due to multiple partnerships with brand name companies, the National Final Rodeo 2018 will be giving away $10 million. For participation alone, contestants get $10,000 qualification payout and an additional amount per event they participate in. This payout is for the for rodeo events alone. The NFR also features events like Miss Rodeo America and Junior NFR, with a specific budget of prizes for each event too.