This Training Contract is a training contract for signature by a trainer and horse owner. This agreement provides in part for the professional services of the trainer, boarding, proper veterinary care, provisions for showing the horse, and hold harmless terms.
Oregon Training Contract - Horse Equine Forms
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Description Horse Trainer Independent Contractor Agreement
Free preview Horse Trainer Contract
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FAQ
What about prize money? 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.
Training is the principal expense of a racehorse owner. Most trainers charge by the day, which adds up to a staggering price. At smaller tracks, the rate can be as low as $75 a day ($2,250 a month) while larger tracks can cost owners more than $120 a day, or $3,600 a month.
Trainer Fees The average thoroughbred race horse trainer would earn approximately $2,550 per month per horse. If he trains 10 horses, a moderate number, he would gross $25,500 per month. Show horse trainers typically charge by the hour for lessons with the owner or by the month.
Every yard has four main sources of income: a share of prize-money as already mentioned; training fees; buying and selling horses; and transportation. Most trainers claim to at best break even out of buying and selling horses, although the opportunity to make money is greater on the Flat.
Horse trainers earn an average hourly wage of $11.49. Salaries typically start from $9.37 per hour and go up to $20.43 per hour.
As of Apr 7, 2021, the average annual pay for a Horse Trainer in the United States is $37,096 a year. Just in case you need a simple salary calculator, that works out to be approximately $17.83 an hour.
Purse earnings can be a huge percentage of a trainer's income, and a trainer can really make the big bucks if their horses compete well in the more prestigious stakes races (which carry purses ranging from a few hundred thousand to several million dollars).