MTHA launches trainer commission deduction program

In advance of a resumption of live racing, the Maryland Thoroughbred Horsemen’s Association has worked with the Maryland Jockey Club to develop a system that will allow trainers access to the standard commission from purses in a more timely manner.
The MTHA Board of Directors unanimously voted to implement the program, which permits the automatic deduction by the Horsemen’s Bookkeeper of the standard 10% gross commission for trainers from all starters that finish first, second or third in all overnight and stakes races after purses are released. The hope is that the program, similar to the one by which jockeys are paid, helps get money to trainers more expeditiously, especially during this difficult economic period.
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At its September open meeting, the Maryland Thoroughbred Horsemen’s Association (MTHA) Board of Directors reviewed the highly successful results of the $600,000 Owner and Developer Bonus Program and the dual-state bred stakes schedule offered this summer to Maryland-based connections during the Laurel Park racing break.