Livestock Contractor Williams Buys Bull for $40,000
COLORADO SPRINGS, Colo., June 25 /PRNewswire/ -- Professional Bull Riders Stock Contractor of the Year Terry Williams paid $40,000 to purchase PBR Livestock contractor Jerry Nelson's bucking bull Locomotive Breath Wednesday. This transaction surpasses the record purchase of $32,000 set in 1998. "Locomotive Breath has proven himself to be one of the top five bulls in the world. If you can have Michael Jordan on your team you want him," said Williams of Carthage, Texas, who has earned stock contractor of the year honors for the last four consecutive seasons. "I felt like $40,000 was too much money, but I'll admit it would take a lot more money to buy one of my top bulls." Williams' prize-winning herd includes 1998 Bull of the Year Moody Blues, a half brother to Locomotive Breath; 1998 PBR Highest Money Earning Bull Promise Land; 1997 PBR Bull of the Year Panhandle Slim; and top five 1997 PBR Bull of the Year, top five PBR Bull of the Finals and 1996 PRCA Bull of the Year and Bull of the Finals, Red Wolf. According to Nelson, Locomotive Breath is one of the top contenders for the 1999 PBR Bull of the Year. The $1.3 million PBR Livestock Program sponsored by Featherlite Trailers awards prize money throughout the season based on the performance votes from the event judges. In 1998, Williams earned nearly $100,000 in livestock bonuses on top of the earnings for supplying bulls at Bud Light Cup events -- the PBR's major league, nationally televised, 29-city series -- and the PBR World Championships. The PBR Stock Contractor of the Year recipient, an award based on the votes of the top 45 bull riders in the world, also receives a 30-foot Featherlite trailer. According to Livestock Director Cody Lambert, Locomotive Breath, a 1,400-pound, fast-spinning bull, will fit right into the highly decorated ranks of Williams' top ten bulls which are worth over $1.5 million combined. "Terry's bulls are so great right now. He's got six that are equal if not better than Locomotive Breath. I've never seen one man have so many super stars," said Lambert, who is one of the original founders of the PBR and the organization's vice president. "It amazes me someone would pay $40,000, and it amazes me that someone would sell his best bull. But it shows that every aspect of our business is growing. For someone to buy and sell a bull for $40,000 shows real confidence in our sport." Nelson, who broke into the bull business in 1994, owns Double J Rodeo Palace which sits on his 26,000 acre ranch in Winnie, Texas, where a herd of over 600 bulls are primed for competition at PBR events. "I promised Terry three months ago that if the bull was ever for sale he'd have the first option," said Nelson of the five year-old Locomotive Breath who was worth $14,000 when Nelson purchased him in 1997. "On Monday, I had an outside offer. I made the call to Terry, he picked him up on Tuesday and handed me a $40,000 check." Nelson hung an enlarged, framed copy of the check on his office wall today. "The future of my business is in growing and raising PBR bucking bulls," said Nelson, who initially invested five million dollars for cows, property and trucks to develop his business plan. "PBR has created this market and the bull riders have set a stage that has a solid foundation for stock contractors. The world's best bull riders are getting on our bulls and that lends a value to our bulls." According to Nelson, his contract with Williams includes a clause that he can continue to draw semen from Locomotive Breath for use in breeding. The PBR is the primary governing body in the sport of bull riding and maintains an international membership of over 800 bull riders including all currently competing world champion bull riders such as 1998 PBR World Champion and four-time Australian Champion Troy Dunn; four-time World Champion Bull Rider Tuff Hedeman; Ty Murray, seven-time PRCA all-around world champion cowboy and two-time PRCA world champion bull rider; Michael Gaffney, the 1997 PBR world champion; Owen Washburn, the 1996 PBR world champion; Adriano Moraes, the 1994 PBR world champion and two-time Brazilian champion; Terry Don West, the 1996 PRCA world champion bull rider; Jerome Davis, the 1995 PRCA world champion bull rider; Jim Sharp, a two-time PRCA world champion bull rider; and Cody Custer, the 1991 PRCA world champion bull rider. The Bud Light Cup presented by Las Vegas is the major league of professional bull riding nationally televised on TNN featuring the top 45 bull riders in the world competing for $75,000 at each event on the 29-city series which culminates with the Bud Light Cup World Championships annually in Las Vegas. The 1999 Bud Light Cup World Championships presented by Las Vegas and hosted by Caesars Palace will be held at the Thomas & Mack Center, October 28-31. For additional information on the PBR and the Bud Light Cup Series presented by Las Vegas visit the organization's Web site at www.pbrnow.com
SOURCE Professional Bull Riders
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