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A PLAN
APART (Revised 1/10/08) “A Class Within A Class”
I.
VOLUNTARY ENROLLMENT FOR A
SEPARATE BONUS PURSE at the NRHA Futurity and Derby
Events(3 years)
A.
Any foal is eligible to enroll and compete
for a separate bonus award for participants in
addition to the regular prize money distribution at
each event.
.
B.
Nominations
1. $300 total one time fee for weanlings by Dec 31
of weanling year
a. Recommended purse designation:
10% Nominator of foal
5% Office Fees (NRHA)
40% Derby(3 years)
45% Futurity
2. Competition license must be purchased
at time of enrollment
a. License to be stamped Bonus
Incentive Eligible
3. Yearling enrollment with Late
Fee (recommended $750)
*One time non penalty $300 fee for
yearlings of 2008 due by 7/1/08
* Possibly jump-start program by
allowing 2yr old and 3 yr old
nomination fees at no penalty
during 2008/More research needed.
C.
There will be no designated placings or awards to
recipients. It is a fund
contribution only for enrolled
entries. (Category 6 event)
.
D.
Prize money will be distributed in Open,
Intermediate Open, Limited Open,
Non Pro, Intermediate Non Pro and
Limited Non Pro Divisions
1. 20% of the fund distribution to
the top 20% of each division
80% of the fund distribution to
the bottom 80% of each division
2. Open Rider “HARD LUCK COWBOY
AWARD” at the Futurity-$1000
awarded to the Horse-Rider Team
enrolled in the plan that is ˝ point out
of
the Open Finals. In case of
ties, a five judge total will determine the winner
ADVANTAGES OF A PLAN APART:
+SIMPLICITY-ONE TIME PAYMENT
*This system does not have a
lot of confusing deadlines nor does it require
excessive paperwork for the foal owner or the office
staff at NRHA
+VOLUNTARY, NOT MANDATORY PARTICIPATION
*The regular futurity/derby
and the entry fee structure stays the same as it has
always been and open to any three year olds!
+THIS
PLAN IS DESIGNED TO INCREASE THE FUTURITY/DERBY
PURSES
AND
WILL THEREFORE MAKE ENROLLED FOALS MORE MARKETABLE
*This plan should grow
steadily in popularity and participation as both
nominators and
owners realize the
benefits of it while not being forced on anyone
HYPOTHETICAL PURSES FOR ENROLLED FOALS:
1000
ENROLLED FOALS @ $300= $300,000
1500
ENROLLED FOALS @ $300= $450,000
2000
ENROLLED FOALS @ $300= $600,000
2500
ENROLLED FOALS @ $300= $750,000
*These
figures do not represent any late fees or added
interest
.
DIVISION
CONTRIBUTIONS: FUTURITY & DERBY
15% each
to Open and Open Non Pro Division
25% each
to Intermediate and Intermediate Non Pro Divisions
10% each
to Limited Open and Limited Non Pro Divisions
*20%
FUNDS TO THE TOP 20% OF EACH DIVISION
*80%
FUNDS TO THE BOTTOM 80% OF EACH DIVISION
RESPECTFULLY SUBMITTED,
LIZ
HAVERTY
We invite member
comments and feedback on this proposal!! |