Stallion Incentive Fund Breeding Sale
With the highest paying stallion incentive fund, stallion owners are encouraged to participate in the NSBA Stallion Incentive Fund (SIF) program by donating one breeding to be sold to mare owners.
Beginning October 1, 2017 all stallion breeding services will be offered to the highest bidder through an online auction. Breeding fees will start at half the advertised price plus $100 and will be available to the highest bidder through traditional online bidding. Horses not sold through the online auction period will then be available to "Buy Now" at half their advertised fee plus $100.
The minimum fee for stallions standing private treaty, or not at all to the public, is $600 (plus $100). The mare owner must be a current NSBA member to purchase a stallion breeding.
The stud fees collected are place in a special fund to distributed later in the program year. The stud fees, less administrative fees, are paid out each year in SIF classes and SIF Licensing Program. Each year stallion owners will receive 10 % of their enrolled offsprings earnings based on NSBA points earned.
In addition to the SIF classes, all SIF licensed horses are eligible to earn incentive fund points base on Dual Approved and Special Events shows earning case value. Payout is base on the purse of sold breedings for the current year. In 2016, the SIF payout was $31.26 per point. All NSBA points earned in Dual Approved and Special Event Open and Amateur classes will be paid out.
The Stallion nominator receives 10% of the earnings of offspring, the horse nominator earns 10% and the owner of the horse earns 80% of the License payout.
Any stallion not enrolled and sold in the Stallion Incentive Fund program may enroll into the program any year following the foaling year for a fee of $600. All offspring from that foaling year would then be eligible for licensing. If the grandfather fee is paid by a person other that the stallion owner, a waiver form signed by the stallion owner must be submitted to the National Snaffle Bit Association.