"Big Business Behind the PBR" Vol 8 (26) page 1 by Sarah Zdesar
The Professional Bull Riders is not your normal organization of professionals. It is nothing like the NBA or NFL, it is a tight knit group of brothers who all know, respect and are there for eachother when time get especially rough in this business. Just one of many of the heart-stopping examples of this is when a 24-year-old cowboy named Ross Johnson unfortunately got his ankle caught in the rope that was circled around the midsection of a 2,000-pound bucking bull. There was nothing Johnson could do, he was facedown in the dirt trying to get away from this thrashing beast, but was unable to, that is by himeself. That is when his fellow PBR "brothers" came to his rescue and did everything in their power to free him. Luckily, after a few minutes of agony as the crown watched on, Johnson was freed and was able to walk away from the situation. Amazingly, this is exactly why the PBR and its fan base is growing so rapidly.
Also, the PBR is looking to boost it's revenue and sponsorship each year and that's just what it did in the past year. This year they brouught in $22 million in sponsorship and about $38 million in total revenue, compared to last years numbers of $17 million and $34 million respectively. And according to Randy Bernard, the PBR's chief exceutive, he says that they are on track to meet all of their goals. And these goals include keeping and enhancing the relationships of its business partners, which is what is doing with Ford Motor Co., which has been a sponsor of the Built Ford Tough Series, the PBR's top tour; since 2003, signed a two-year; $8 million sponsorship renewal last summer. Some other high profile sponsor who look forward to the rising love of bull riding are Enterprise Rent-A-Car, Frito-Lay, PepsiCo, and US Bank with many others companies as well.
Not only is sponsorship and deals grwoing, but they are also looking forward to the international growth of this sport. People want to see excitement, thrills, and engergy. That is why bull riding is growing at the rate at which it is. In this fast pace world, we as Americans love to see someone go right to the edge, and then get up and walk away, and that's exactly what happens day in and day out the bull riding business.
