Losing Mount Fees Increased in Iowa

(Edited press release)

Jockeys at Prairie Meadows and the Iowa Horsemen’s Benevolent Protective Association have agreed on a new losing mount fee scale that will take effect when the track opens April 24.

Losing mount fees will begin at $75 on the low end to $105 for races of $100,000 or more.  Previously, losing mount fees ranged from $45 on the bottom to $105.

“We’re very pleased with this deserving raise for the jockeys in Iowa,” said Jockeys’ Guild national manager Terry Meyocks. “I would like to thank Iowa HBPA president Leroy Gessmann and the entire board of the HBPA for their cooperation and recognition that an increase was in order. Thanks also go to Jeff Johnston, the Guild’s regional manager, and jockey Perry Compton for their efforts in reaching this agreement.

“The jockeys look forward to working with the horsemen to improve the racing industry in Iowa,” he continued. “There is much work we can do together to help the industry in the state. We would also like to thank the Iowa Racing and Gaming Commission and Prairie Meadows for helping implement the new scale.”

This new scale follows increases in mount fees through legislation at California tracks and negotiated increases at Aqueduct, Belmont Park, Saratoga, Finger Lakes, Monmouth, Meadowlands, Atlantic City, Hawthorne, Arlington, Gulfstream Park, Calder, Fairmount Park, Indiana Downs, Hoosier Park, Tampa Bay Downs, and Turf Paradise. Jockeys at Philadelphia Park and Penn National have also received raises in their losing mount fees. Negotiations are ongoing in other racing jurisdictions.
 

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