The NBL announced its guarantee of the $5.95 per rider track payout. CEO Gary Aragon explains, “Unfortunately, there are some who feel they speak for the NBL — even if they are not part of our Sanction or its leadership, and as such it has come to my attention that false and slanderous statements have been made about the New NBL, specifically concerning the per rider fees we will pay tracks.” “Let me be clear that the fees we will pay tracks, $5.95 per rider, per race, will not change at any time during a track’s contract period. Furthermore, we will write this clearly into every contract for every track. Thus, tracks will have that rate guaranteed for the full duration of their contract with the NBL — even if it is a long-term contract. What's more, we will likely increase the amount we pay to our tracks, and we will gladly amend any track's contract at their request to reflect the increased payout, but at no time would we decrease the amount during the contract period. Our goal is to continue to make this sport less expensive for riders while at the same time providing tracks with more income from operating our programs.”
“In addition, there are rumors out there that the numbers just don't work, and the NBL can't support the payouts and fees. These false statements are not only wrong and offensive, but they are entirely in conflict with our very mission at the NBL. I can understand how someone who intends to profit off their business might not understand how these numbers work, but as a Public Charity, we have no need to hoard money as it does not end up in any person's pockets nor does it profit anyone. The NBL is built upon that foundation — it's the members and tracks that should benefit, not the people who run a sanction, and with that focus, charitable structure, and mission, we can take what would be distributed as ‘profits’ and pass that money on as savings to members and more value to tracks.”
www.nbl.org