There is no doubt that the Wrangler NFR is the most prestigious and richest rodeo in the United States and the world. This is because it features the top 15 competitors in Saddle Bronc Riding, Bareback Riding, Barrel Racing, Team Roping, Tie-Down Roping, Steer Wrestling, and Bull Riding.
A PRCA Gold Buckle and a share of the prize money, which grew to $13.3 million in 2021, is on the line at the Thomas & Mack Center. There was a total competition prize money of $10,257,048 that included $1.2 million in guaranteed prize money from all NFR qualifiers, as well as $9,057,048 in contest prize money.
The PRCA (ProRodeo Cowboys Association) intends to use the same payout structure as last year for the 2022 event scheduled to take place between Thursday, December 1- Saturday, December 10.
Over the past several years (2015-2020), the NFR has paid out a total of $10 million in guaranteed prize money and competition prizes, with $1.2 million distributed to qualifiers and $8.8 million distributed to winners.
So, we can expect a fierce and entertaining competition like never before at the NFR 2022, where contestants will compete for increased prize money.
With the increase, average winners will earn $69,234, and round winners will receive $26,997 each per round. The total amount paid per event is $261,261, while each round will cost a total of $87,087.
Additionally, the stock contractor pay is increased to $3,077,114. This amount is determined by 30% of the overall contestant payout.
Thousands of rodeo fans have come to Las Vegas for the 10-days of the NFR at the Thomas & Mack Center, which accounts for the increase in payout.