New York horsemen and the Jockeys’ Guild reached an agreement to raise losing mounts for jockeys at New York Racing Association tracks, it was announced in a press release Wednesday.
Jockeys on horses who finish fourth will receive $125 in races with purses under $50,000, $175 in races with purses from $50,000 to $99,999 and 5-percent of purse earnings in raises with purses of $100,000 or higher. Jockeys who finish fifth or worse will receive from $110 to $500 depending on the purse of the race.