How Much Does The Kentucky Derby Winning Trainer Make?
- Michael Paul
The jockeys and trainers of the winning horses will each earn ten percent of the total prize money. They will walk away with around $87,000 in cash after paying taxes, which is a nice sum considering they won’t often be required to pay any agents or valets. In most cases, the day rates are determined by the amount of expertise had by the trainer in addition to the dimensions of the racecourse.
What does the winning trainer of the Kentucky Derby earn?
What was the total amount of money that Rich Strike won at the Kentucky Derby in 2022? As the winner of the Kentucky Derby, Rich Strike was awarded $1,860,000.00 of the total prize pool of $3,000,000.00. Rich Strike had only earned a total of $111,289 in his career prior to winning the first leg of the Triple Crown.
- Not bad for a horse who just qualified for the Derby the day before when Ethereal Road was forced to withdraw, and who was claimed by owner Rick Dawson of RED TR-Racing following a $30,000 maiden-claiming event at Churchill Downs.
- Rich Strike: At the 2022 Kentucky Derby, owner Rick Dawson was successful with his wagers on Eric Reed and Rich Strike.
“On what planet are we now?” Dawson spoke on his performance after the race on Saturday. “I feel like I have been catapulted someplace. I’m not sure. This defies all logic and reason. I went up on stage and spoke to my coach, and I asked him, “Are you sure this isn’t a dream?” Because there is no way that could be true.’ He gave me his word that everything is genuine.
How much Does jockey of Kentucky Derby winner get?
Prize Money for the Kentucky Derby in 2022 The horses in the field will compete for a total payout of $3 million in the Kentucky Derby in 2022, of which $1.86 million will be awarded to the stable of the horse who finishes in the winner’s circle with a bouquet of roses.
In the meanwhile, the jockey of the winning horse who successfully crosses the finish line first will be awarded 10% of the winner’s payout, which is equivalent to a payday of $186,000 before taxes and other considerations are taken into account. The winning horse and jockey will earn themselves an automatic bid at the Triple Crown, a designation that comes with much fanfare in the lead up to the two remaining races that make up the Triple Crown, which are the Belmont Stakes and The Preakness.
But there is more at stake than just big money, a gold trophy, and a garland of roses. According to Twinspires.com, the following is a breakdown of the prize money that will be awarded at the Kentucky Derby: The first place prize is $1.86 million, of which the jockey will get 10%, or $186,000, of that total.
- Second Place is worth $600,000, with the jockey receiving 5% of that amount, or $30,000.
- The third place prize is $300,000, of which the jockey will receive 5%, or $15,000.
- The jockey will receive $7,000 of the total prize money of $100,000 if they place fourth.
- A total of $60,000 is awarded for fifth place, with the jockey receiving $4,000.
In addition to the significant sums of money that are at stake, the Kentucky Derby also attracts a large number of famous people and professional sportsmen every single year. Photograph by Andy Lyons for Getty Images
Do horses feel pain when whipped?
And does it make a difference in how well they perform? The racing business maintains that beating horses is not harmful to the animals. In point of fact, Racing Australia made note of the fact that the “best scientific advice available to us states that padded whips do not inflict pain or harm” in the year 2009.
How many times can a jockey whip a horse?
There are limits on the number of times a jockey is allowed to use a whip on a horse. At this moment, the most that can be achieved in a Flat race is seven times, while the most that can be accomplished in a Jump race is eight times. (The standards had been increased stricter in 2011, but as a result of a mutiny by jockeys, the industry decided to take a more relaxed approach.)
How much does a winning horse trainer make?
Horse Trainers’ Salary Ranges and Payscales Horse Trainers make an average annual salary of $384,488. The middle 57% of the profession earn between $69,011 and $174,070, while the top 86% make above $384,000.
Who is the winningest trainer in the Kentucky Derby?
A. Silver Charm (1997), Real Quiet (1998), War Emblem (2002), American Pharoah (2015), Justify (2018), and Authentic are some of the winning horses trained by Bob Baffert that have competed in the Kentucky Derby (2020) Cavonnier, trained by Bob Baffert for the first time, ran in the Kentucky Derby and finished in second place.
- In the 1996 Derby, Grindstone edged out Cavonnier by a nose to win the race.
- The next year, Baffert had his first visit in the winner’s circle with Silver Charm and came close to winning the Triple Crown by finishing in second place in the Belmont Stakes.
- American Pharoah, trained by Bob Baffert, won the Triple Crown in 2015, becoming the first horse to do so since Affirmed in 1978.
This was the first of Baffert’s two Triple Crown victories. “Sunny Jim” Fitzsimmons and Bob Baffert are the only two trainers in history to have won the Triple Crown more than once. In 2015, Baffert guided American Pharoah to victory in all three Triple Crown races.
Justify’s victory in the Belmont Stakes was the first time a Triple Crown champion has ever beaten a field larger than nine horses in the Belmont Stakes. pic.twitter.com/OFCoB6UGI1 — ESPN Stats and Information (@ESPNStatsInfo) on Twitter June 9, 2018 Baffert is the only other trainer outside Fitzsimmons to have won the Triple Crown twice.
In 2018, Baffert won it for the second time with Justify.