Starting this Saturday, jockeys riding at New York Racing Association (NYRA) tracks will benefit from a newly established fee structure. This agreement, reached between the New York Thoroughbred Horsemen’s Association (NYTHA) and the Jockeys’ Guild, introduces increased minimum payments for jockeys, reflecting a three-year commitment that aims to recognize their contributions and enhance the racing environment. The new scale includes a minimum losing mount fee of $125 and a higher fee of $500 for races with purses exceeding $1 million. Additionally, there is an incentive for fourth-place finishes. Both organizations have pledged ongoing support for safety measures and charitable initiatives.

The revised fee structure marks the first increase since 2018, highlighting the recognition of the essential role jockeys play in the sport. NYTHA President Tina Marie Bond emphasized the importance of these skilled professionals, stating that they bring both skill and courage to every race. Under the new agreement, jockeys will receive significantly higher compensation, particularly in high-stakes races. The inclusion of a fourth-place bonus further underscores the value placed on consistent performance. This agreement not only benefits the riders but also contributes to the overall health of the industry by fostering a safer and more supportive environment for both equine and human athletes.

Terry Meyocks, President and CEO of the Jockeys’ Guild, praised the collaborative efforts of NYTHA and its board members. He noted that beyond the financial benefits for jockeys, the partnership has addressed critical issues such as maintaining a secure racing atmosphere. The Guild remains committed to working with all stakeholders to deliver top-tier thoroughbred racing experiences for fans in New York. The agreement also reaffirms the dedication to important causes, with jockeys continuing to contribute to the Permanently Disabled Jockeys Fund and NYTHA’s aftercare program, Take the Lead. NYTHA will maintain its annual contribution of $20,000 to the PDJF, ensuring continued support for those in need.

Meyocks expressed hope that this agreement would serve as a model for other states and horsemen’s organizations, encouraging them to follow suit in enhancing jockey compensation. The collaboration between NYTHA and the Jockeys’ Guild exemplifies how strong partnerships can drive positive change within the racing community. By setting a precedent for improved fees and comprehensive support, both parties aim to foster an environment where the sport can thrive, benefiting everyone involved—from riders and horses to fans and supporters.