How Much Do Top Racehorse Trainers Make?
Plus, some top professionals will earn more when their runners are highly successful. One thing is for sure. Most racehorse trainers need to rely on different revenue to make enough money for a living.
| Horse trainer national average salary by year | |
|---|---|
| Year | Salary |
| 2019 | $28,000 |
| 2020 | $29,200 |
| 2021 | $29,700 |
Who is the highest paid horse trainer?
Todd A. Pletcher
Columns
| Rank | Trainer Name | Earnings |
|---|---|---|
| *1 | Todd A. Pletcher | $448,554,509 |
| *2 | Steven M. Asmussen | $401,845,035 |
| *3 | Bob Baffert | $336,961,472 |
| *4 | William I. Mott | $322,175,739 |
How much does a Kentucky Derby horse trainer make?
How much does a Horse Trainer make in Kentucky? The average Horse Trainer salary in Kentucky is $35,548 as of October 27, 2022, but the range typically falls between $31,426 and $40,134.
How much does the horse trainer win?
Trainers do get their fair share of prize-money, approximately ten-percent of owners earnings when winning a race, and less than six-percent of placed prize-money.
What percentage does a trainer get for winning a race?
10 per cent
Of that $4.4m to the winner, the owners get 85 per cent, the trainer gets 10 per cent, and the jockey gets five per cent.
How did Bob Baffert make his money?
Bob Baffert Net Worth: Bob Baffert is an American horse owner and horse trainer who has a net worth of $30 million. Over the course of his career, Baffert has won many awards and accolades, including seven Kentucky Derbies, seven Preakness Stakes, three Belmont Stakes, and three Kentucky Oaks.
How much does a horse trainer make in the UK?
The average pay for a Horse Trainer is £21,640 a year and £10 an hour in the United Kingdom. The average salary range for a Horse Trainer is between £16,317 and £25,319. On average, a Bachelor’s Degree is the highest level of education for a Horse Trainer.
What is the highest paying job with horses?
High-paying equine careers
- Mounted police officer. National average salary: $53,211 per year.
- Equine science professor. National average salary: $55,287 per year.
- Ranch manager. National average salary: $56,948 per year.
- Equine insurance agent.
- Equestrian program director.
- Occupational therapist.
- Equine veterinarian.
Who is the best racehorse trainer in the world?
Charlie Appleby
TRC Global Trainers Rankings 13 November 2022 Subscribe
| Rank | Last week | Name |
|---|---|---|
| 1 | 1 | Charlie Appleby |
| 2 | 2 | Chad C Brown |
| 3 | 3 | Aidan O’Brien |
| 4 | 4 | Brad H Cox |
How much does a horse jockey get paid?
Jockeys are some of the original “gig workers” because they work as independent contractors. Rather than earn a salary, a jockey receives a “mounting fee” — often $50-$110 — for each race, riding sometimes eight races per day.
Is a jockey well paid?
The average national salary for a jockey is $80,496. The amount jockeys earn is typically dependent on their reputation and performance. Most jockeys are self-employed and control their own training, career progression and for whom they work.
Who is the highest paid jockey?
Columns
| Rank | Jockey Name | Total $ |
|---|---|---|
| *1 | John R. Velazquez | $460,472,158 |
| *2 | Javier Castellano | $375,176,306 |
| *3 | Mike E. Smith | $344,151,238 |
| 4 | Pat Day | $297,914,839 |
How are racehorse trainers paid?
Trainers traditionally receive a cut of the earnings awarded to horses that finish first, second, or third in races. This money is transferred directly to them from the track’s purse account.
What trainer is banned from horse racing?
trainer Bob Baffert
Hall of Fame trainer Bob Baffert, who is banned from the Kentucky Derby, is on a mission to restore two legacies — his own and that of Medina Spirit, who was stripped of the 2021 victory after testing positive for an anti-inflammatory medication following the race.
How much do famous horse trainers make?
Plus, some top professionals will earn more when their runners are highly successful. One thing is for sure.
| Horse trainer national average salary by year | |
|---|---|
| Year | Salary |
| 2018 | $26,900 |
| 2019 | $28,000 |
| 2020 | $29,200 |
How much does a racehorse trainer cost?
The main expense in race horse ownership is your horse trainer. In Southern California for example, the highest price trainer charges a “DAY RATE” of $120. However, even some of the very best trainers – Mike Puype, Phil D’Amato, etc. – charge in the neighborhood of $85 – $95.
What is James McDonald’s salary?
The breakdown of McDonald’s income would make him the envy of every NRL and AFL player in the country. Jockeys earn five per cent of all prizemoney, which means McDonald has earned $482,050 in prizemoney from his rides that have netted a staggering $9.641m.
Is owning a racehorse profitable?
As mentioned, investing in racehorses is extremely risky and isn’t likely to be profitable for most investors. However, for a very small number of investors who own or have a stake in a successful horse, the winnings can be substantial. Investing in racehorses can best be thought of as a lifestyle investment.
Who is the richest horse owner?
Mohammed bin Rashid Al Maktoum owns the Godolphin stable. With a net worth estimated by some as high as £14bn but as ‘low’ as £3bn by other outlets, Sheikh Mohammed’s firm has recorded over 5,000 winners worldwide since its inception in 1992.
Why is Baffert banned from racing?
Hall-of-fame trainer Bob Baffert is banned from Saturday’s Kentucky Derby This year’s Kentucky Derby features 20 thoroughbreds but it will be missing Bob Baffert, who has won the triple crown twice. He is suspended because of a series of failed drug tests by his horses.
Why is Baffert suspended in New York?
The New York Racing Association suspended trainer Bob Baffert for one year Thursday for repeated medication violations. A panel credited Baffert for time served from an initial suspension that makes the two-time Triple Crown-winning trainer eligible to saddle horses in New York again on Jan. 26.
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