NCHA Approves Changes to Payout Distributions
Suggestions from a National Cutting Horse Association task force will impact payouts at NCHA Triple Crown events.
By NCHA Executive Director Jim Bret Campbell | January 31, 2016
From the National Cutting Horse Association
Dear National Cutting Horse Association members,
As we've informed you throughout the past several weeks, a payout task force reviewed and took a holistic approach to purse distribution and calculations at the National CHA's Triple Crown events with the following primary objectives in mind:
- Create simple, clear and consistent rules for NCHA events to increase understanding and transparency to payouts and awards.
- Eliminate Guaranteed Payouts to manage financial risk more effectively.
- Retain philosophy to pay competitors as strong and as deep as practical especially in the Non Pro and amateur classes.
- Keep NCHA events as the best value cutting in the industry based on entry fee vs. payout potential.
That task force included representatives from multiple segments of the industry and those recommendations were submitted to and passed by the Executive Committee to improve the payout distribution, starting at the 2016 Lucas Oil/NCHA Super Stakes.
The task force members who have worked on this system of guidelines include:
Matt Miller, chair of the Limited Age Event Committee
Tatum Rice, vice chair of the Limited Age Event Committee
Heather Stiles, chair of the Non-Pro Committee
Kathleen Moore, chair of the Stallion Owners Committee
Von Sutten, amateur representative
Casey Green, member of the Professional Trainers Committee and Chair of the Cattle Committee
Lloyd Cox, member of the Limited Age Event Committee
Tommy Neal, member of the Finance Committee
Terry Strange, chair of the Finance Committee
Lach Perks, ad hoc member of the Finance Committee
You can click here to view the revised guidelines that will govern payouts at the Triple Crown events at this year's Lucas Oil Super Stakes, along with the estimates of the open and non-pro in the 4-year-old classes and 5/6-year-old classes at the Lucas Oil Super Stakes. THESE ARE ESTIMATES ONLY based on last year's entries, so actual payouts will be determined by entries in each class.
With this change, the grace period for the first payment of the Lucas Oil Super Stakes will be extended to Monday, February 1. Entries MUST BE postmarked by this date to not pay the penalty. If you have any questions, please contact the show department by calling (817) 244-6188.