Courtesy of PRCA.

The Professional Rodeo Cowboys Association® and Las Vegas Events announced the 2023 Wrangler National Finals Rodeo® presented by Teton Ridge will see an increase in the NFR payout for the third consecutive year.

The Wrangler NFR, which is at the Thomas & Mack Center in Las Vegas Dec. 7-16, will have a record-setting payout of more than $11.5 million. This amount includes guaranteed prize money of $1.2 million for NFR qualifiers.

Between 2015 and 2020, the NFR paid out a total of $10 million – $8.8 million in competition prize money and $1.2 million in guaranteed prize money to qualifiers. The total purse increased to $10,257,048 in 2021 and $10,900,098 in 2022.

Based on the updated purse in 2023, the increase will see round winners take home $30,706 per round and average winners earn $78,747. Each go-round will pay a total of $99,053, while the average total will pay $297,159 per event.

The stock contractor pay – which is 30% of the contestant payout – increased to $3,450,451.

Known as the richest and most prestigious rodeo in the world, the Wrangler NFR attracts the Top 15 contestants in bareback riding, steer wrestling, team roping, saddle bronc riding, tie-down roping, barrel racing and bull riding to compete for a share of the increased purse and the coveted PRCA World Champion Gold Buckle. In 2022, the event had a total attendance of 173,350 over the 10 days of competition at the Thomas & Mack Center and has sold out more than 350 consecutive performances in Las Vegas.