This long-running Western tradition has changed in a move that may benefit local charities and the many military folks in Colorado Springs.
SOURCE: Joe Paisley, Colorado Springs Gazette
The Pikes Peak or Bust Rodeo lowered its expenses in a move that could benefit the fans and military charities it supports.
The annual rodeo's leadership decided in October to no longer be sanctioned by the Colorado Springs-based Professional Rodeo Cowboys Association. The new invitational format allowed the event to add more sponsors, including those not allowed under the PRCA's exclusivity agreements, and double the possible prize money for the cowboys and cowgirls competing Wednesday to Saturday at the Norris-Penrose Event Center.
Dropping the PRCA sanction also allowed the rodeo to eliminate the morning slack performances, which drew no fans yet cost money for the facility, judges and livestock.
That and adding 10 percent more sponsors allowed the rodeo to double the possible prize money for the 10 competitors in each performance for the seven events, board president Gary Markle said. The total purse is $245,000 ($35,000 per event) with no entry fees cutting into winnings.