Futurity Reaches $400,000
“The American Cowboy #10 Over $400,000
As of December 1st, the American Cowboy #10 is in its fifth month of qualifiers as part of2019 RFD-TV’sAmerican Rodeo. Up to this point prior to the Vegas $150,000 in pre-payments have been paid to teams in the qualification process, and $400,000 placed in the pool/futurity, for a total of $550,000 which will ultimately wind up in team roper’s pockets. Back in June WSTR President Denny Gentry estimated that by the American in March of 2019 a half million dollars would be paid, with hopes ropers could rope at one million dollars on a $200 entry in the 2020 American. The 2020 American Cowboy season begins in February 2019. The futurity target for this year was exceeded in early November. Gentry said,” for a hybrid concept that the majority of ropers still do not understand, we have done well. Not everyone will want to join into a futurity concept, and we will continue to provide the 80% paybacks ropings at the same location for those ropers. But we do know a certain percentage will play at both of them. When they see the end result, I know they will be pleased. ”
Currently there are 45 teams qualified for the matches. WSTR estimates somewhere between 50 to 60 teams will be qualified for the matches by completion of the season in January. That means that after matches there should be between 25 and 30 teams advancing to the rope-off in Dallas, to rope for a minimum of $400,000. The RFD-TV’s American this year will pay each rodeo event $190,000, and our preliminary payments are not far from eclipsing that number before we even get to the aggregate in Dallas.
There have been a few qualifiers that did not get the minimum team count requirement and fees were refunded. WSTR officials were not surprised citing confusion with the other American RFD products doing qualifications like the American Open, American Junior qualifier, and American break away ropers that chose to call there outfit, “World Series”. Catchy name huh?
Of course distance from Dallas has been an issue and obviously the further a qualifier is from Dallas, the less likely teams are to want to travel, even for the big money. The same thing happened when the World Series Finale began. The further a team was from Las Vegas, the less likely they would be interested. Slowly over time as the money begin to rise, the range of those willing to drive to Las Vegas changed. As the money comes up hopefully the distance to Dallas will not be as big of a factor. In the meantime, the Texas and Oklahoma ropers should be able to get the program rolling.
You will find a full description of the concept and rules below, but make sure you take a look at how and why we are pay in this manner.
Back in June we announced that “The American Cowboy” will become the name and title sponsor for the inaugural #10. The former national publication will become a video TV series about the American Cowboy in 2019. The hybrid match concept has been branded in order to give team ropers a clear distinction between the qualifiers for RFD-TV’s American rodeo and those for the WSTR in Las Vegas Finale, although that name is sure to cause confusion but in a good way. The WSTR’s first effort will be a #10 division that will culminate with the top six short-round teams competing at RFD- TV’s 2019 The American.
HOW IT WILL WORK
WSTR will use a three-step process to maximize payoffs and minimize competition.
Step one will be regular qualification jackpots at WSTR and selected USTRC qualifiers. Since WSTR is extremely strong in the west and USTRC is strong in the east, both associations will assist. Any team placing in these qualifiers will receive a pre-payment check, flat fee.
Step two will match qualified teams in head to head competitions. Teams will only have to win one matche this year to advance and make their way to a final rope off. WSTR is anticipating that after one match there will be 30 teams to make their way to Dallas. Example: if 60 teams qualify, after match one 30 teams remain. Teams must only beat one team to advance to the big money, losers of matches will receive $1,000.
Step Three will be a four-steer jackpot among the remaining teams, with the top 6 call backs in the short round roping in the American rodeo performance.
All teams reaching the rope off are guaranteed a check! The Rope off will determine which check they receive. The aggregate pot will be calculated on the number of teams that catch three steers.
Contractors will be asked to incorporate a $200 per roper “American Cowboy” qualifier at each WSTR qualification roping, and designated USTRC events. To avoid disrupting the regular WSTR events, contractors will be asked to replace current add-on ropings in their schedules. In addition, to keep ropers from having to choose whether to spend their fees on a WSTR qualifier or American Cowboy #10, all teams qualifying for the American Cowboy #10”, will also simultaneously qualify for the WSTR Finale and the NFTR. These “American Cowboy” qualifiers will follow the current WSTR jackpot format. Ropers receive an additional qualification spot for every 60 teams.
The American Cowboy qualification pre-payment (reward for qualifying) will be flat fees, with first place receiving $1600; all other paid positions will receive a ground money check of $1200. The extra qualification position awarded at every 60-team increment will look as follows:Example 39 team qualifier, 1st $1600. 2nd $1200. Example:
Matches will be completed within their respective time zones.This should allow the east coast, west coast and Canada equal opportunity. Teams winning their matches will be paid ground money from Dallas regardless if they should chose to attend.
All other money will be pooled and moved to the final payoff in Dallas culminating in the short round at The American.
1. will receive pre-payment (reward for qualifying) in a flat fee, of $1600. An extra qualification position is awarded at every 60-team increment as exhibited by the table above. Teams that place according the pay schedule, but that do not qualify will receive a flat fee of $1200. This is three times their entry fees, presumes they entered twice, gives them back their fees for the WSTR qualifier, plus one extra entry fee. The theory is ropers get their fees back plus $800, got to try for free, and are in good shape to try this again.
2. The Match – two teams from the same time zone match to see which one advances to Dallas. These matches may be handled privately or in specified locations, which ever is most convenient to the roper. Any match team that loses will receive $1000 ground money – This means although this team did not advance to Dallas, they receive $1600 prepayment and $1000 match ground money, for $2,600.
3. The Four Steer Rope Off- all teams that won their match will advance to the four steer rope off in Dallas are guaranteed $4,000 in ground money as a minimum. Any team not wanting to travel to Dallas can forfeit and receive a $4,000 ground money check without attending.
4. The COWBOY AMERICAN #10 AGGREGATE PAYOFF:
· Example: using the current $400,000 in the futurity pool, based on 30 teams advancing to the Rope-Off, subtract $30,000 paid in matches for losers ground money. From $370,000 subtract $72,000 ground money checks for 18 teams (standard payoff scales only calculate to 12 teams). We will calculate no higher than 12 teams in the aggregate, all other receive $4,000 ground money checks. This should leave $298,000 in the pot, based on the WSTR scale ---1st $65,000……12th $9000.
· AMERICAN COWBOY #10 ENDING TWIST – With only 30 teams competing for this money, it is very hard to guess how many teams will rope three steers. If 12 teams out of 30 catch three, then you already know how this is going to be paid. However, please note that the Aggregate pot will be paid on scale based on the number of teams that advance to the short round. The ground money will go up to $5000 if the number teams roping three steers is under 10.
· Example using eight teams advancing to the short round. $380,000 subtract $110,000 for the last 22 teams at $5,000 per team ground money. Remaining pot is $270,000, first place would pay $75,000, and eighth place would pay $10,000.
· So ropers I hope you agree the prepayment was enough to cover your fees and gas money. This is an outstanding roping and hopefully 2019 winners will be the pioneers that got the roping futurity concept off the ground, which should lead to $1 Million on a $200 entry fee in the future.