The Theorem Ranch Incentive

Up to $2.79 million in 2027 bonuses across cutting, reined cow horse, reining, team roping and breakaway, including $100,000 guaranteed at the Riata Championships.

Book a 2027 Breeding

Step 1

Breed

Buy a 2027 breeding to any Theorem Ranch stallion.
Step 2

Register

Register your Theorem-sired horse with Theorem Ranch at least 30 days before the event.
Step 3

Place

Finish in the top five overall at a qualifying futurity, and Theorem Ranch pays you a bonus on top of the event's prize money.

The bonus isn't automatic. Your horse has to finish in the top five against the whole field. If no eligible Theorem-sired horse finishes in the top five, no bonus is paid.

2027 Futurity Bonuses

These bonuses are paid on top of each event's own prize money. Placings are overall, against every horse in the finals, not just Theorem horses.

Event	Champion	2nd	3rd	4th	5th
NCHA Open Futurity	$500,000	$150,000	$120,000	$100,000	$75,000
NRCHA Snaffle Bit Futurity Open	$350,000	$75,000	$50,000	$35,000	$25,000
NRHA Futurity Level 4 Open	$350,000	$75,000	$50,000	$35,000	$25,000
Gold Buckle Futurities World Finals 4 & Under Heading	$125,000	$40,000	$25,000	$20,000	$15,000
Gold Buckle Futurities World Finals 4 & Under Heeling	$125,000	$40,000	$25,000	$20,000	$15,000
Gold Buckle Futurities World Finals 4 & Under Breakaway	$125,000	$40,000	$25,000	$20,000	$15,000

Heading and heeling pay separately. They are two different bonuses. The champion head horse can earn $125,000, and the champion heel horse can earn another $125,000. The money is not split between the two ends.

$100,000 Guaranteed at the Riata Championships

This part of the program pays out no matter what.

Theorem Ranch will pay $100,000 to the three Theorem-sired horses that earn the most at the 2027 Riata Championships:

$50,000 to the top-earning Theorem-sired horse
$30,000 to second
$20,000 to third

This is the only part of the program where your horse is measured against other Theorem-sired horses instead of the whole field.

To qualify, the horse needs a current Riata nomination, and the horse's owner or rider must have bought a 2027 Theorem Ranch breeding. The horse must also be registered with Theorem Ranch at least 30 days before the Riata Championships.

A Share for the Breeder

Every Theorem Ranch Incentive payment is split the same way:

One-third goes to the horse's breeder.
Two-thirds goes to the horse's owner, who can share it with the trainer or rider under their own private agreement.

Example: If a Theorem-sired horse wins the Gold Buckle 4 & Under Heeling, the $125,000 bonus is split about $83,333 to the owner and about $41,667 to the breeder. If you bred and own the horse, you keep all of it.

Payees are named when the horse is registered.

How to Qualify, Step by Step

Buy a 2027 breeding. It must be a paid 2027 breeding to Stevie Rey Von, SEVS Judgement Day, Pepinstep or Outta Yur League, for a mare you own. Fresh, frozen and ICSI breedings all count.
Pick your horse. Any horse sired by a Theorem Ranch stallion can use your breeding. It doesn't have to be by the stallion you booked.
Register the horse with Theorem Ranch at least 30 days before the event starts. Theorem Ranch must accept the registration.
Compete. If your horse finishes in the top five overall in the finals, you earn the bonus.

One paid breeding qualifies one horse at one event. To qualify a second horse, or the same horse at a second event, buy a second breeding.

What doesn't count: Rebreeds, breedings bought from someone other than Theorem Ranch and complimentary breedings do not qualify unless Theorem Ranch agrees in writing.

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Frequently Asked Questions

It's a 2027 bonus program from Theorem Ranch. If you buy a 2027 breeding to a Theorem Ranch stallion and your Theorem-sired horse finishes in the top five at a qualifying futurity, Theorem Ranch pays a bonus on top of the event's prize money. It also guarantees $100,000 to the top three Theorem-sired horses at the 2027 Riata Championships.
- NCHA Open Futurity
- NRCHA Snaffle Bit Futurity (Open)
- NRHA Futurity (Level 4 Open)
- Gold Buckle Futurities World Finals: 4 & Under Heading, 4 & Under Heeling and 4 & Under Breakaway
- Riata Championships (guaranteed $100,000 to the top three Theorem-sired horses)
Stevie Rey Von, SEVS Judgement Day, Pepinstep and Outta Yur League.
No. Theorem Ranch pays it. It's added on top of whatever the event pays.
The program covers 2027 events.

No. The futurity bonuses are paid only if an eligible Theorem-sired horse finishes in the top five overall in the finals. If none does, no bonus is paid in that class.
Yes. Theorem Ranch will pay the full $100,000 at the 2027 Riata Championships, split $50,000, $30,000 and $20,000 among the three highest-earning eligible Theorem-sired horses.
Top five overall. Your horse is placed against every horse in the finals, not just Theorem horses.
No. A placing below fifth pays nothing.
The owner has to buy a 2027 breeding, register the horse on time, and the horse has to finish in the top five.

Yes. This program doesn't replace any event's entry, nomination or eligibility rules. Your horse still has to be eligible for and entered in the event on its own.
No. The Theorem Ranch Incentive is separate from every event's own stallion or breeder incentives.
A paid 2027 breeding to a Theorem Ranch stallion, for a mare you own.
No. It has to be sired by one of the four Theorem Ranch stallions, but it can be any of them. Example: You book a mare to Outta Yur League and use that breeding to qualify a Stevie Rey Von 3-year-old at the NCHA Futurity.
Yes. Fresh, frozen and ICSI breedings all count.
No, unless Theorem Ranch agrees in writing.
No, unless Theorem Ranch agrees in writing.
It doesn't count unless Theorem Ranch agrees in writing.
No. One paid breeding qualifies one horse. Buy two breedings to qualify two horses.
No. One breeding covers one event. To qualify your horse at a second event, you need a second breeding.
At least 30 days before the event starts. If you miss the deadline, your horse is not eligible, even if it wins.

One-third goes to the horse's breeder. Two-thirds goes to the owner, who splits it with the trainer or rider under their own agreement.
The breeder of record on the horse's AQHA papers.
Yes. If you're both the breeder and the owner, you receive the full bonus.
No. The owner receives the owner's two-thirds and handles any split with the rider or trainer.
If an eligible horse ties for a top-five place, the bonus amounts for the tied placing and the next lower placing(s) are added together and split evenly among the tied horses. Only eligible Theorem-sired horses receive a share.
A disqualified horse earns no bonus. If a bonus was already paid, it must be paid back.

No. They're separate. The champion head horse can earn $125,000, and the champion heel horse can earn another $125,000.
No. They're separate. The champion head horse can earn $125,000, and the champion heel horse can earn another $125,000.
Yes, in the Gold Buckle 4 & Under Heading and 4 & Under Heeling, as long as each horse is eligible and registered on its own. Each horse's owner needs their own 2027 breeding.
The 2027 Gold Buckle Futurities World Finals: the 4 & Under Heading, the 4 & Under Heeling and the 4 & Under Breakaway.
No. The Riata Championships are team roping only.
Yes, for the Riata money. If you bought a 2027 Theorem Ranch breeding and the horse has a current Riata nomination, it can qualify. For the Gold Buckle bonuses, the horse's owner must hold the breeding.
No. It goes to the three Theorem-sired horses with the highest earnings at the 2027 Riata Championships. Earnings from every class count, including the Rope Horse Rewards ropings.
All of the money is still paid out. Theorem Ranch pays ground money.

Email stallions@theoremranch.com.

The Theorem Ranch Incentive is offered by Theorem Ranch Texas, LLC and Theorem Ranch, LLC. Futurity bonuses are paid only if a registered, eligible Theorem-sired horse finishes in the top five overall in the finals of a qualifying event. One paid 2027 breeding qualifies one horse at one event. Rebreeds, breedings purchased from a third party and complimentary breedings do not qualify unless Theorem Ranch agrees in writing. Horses must be registered and accepted at least 30 days before the event begins. A disqualified horse earns no bonus, and any bonus already paid must be refunded. Full program terms apply.

Book Your 2027 Breeding

See us at the NRCHA Snaffle Bit Futurity, the NCHA Futurity and the NRHA Futurity.

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