{"id":2159,"date":"2019-01-11T14:48:13","date_gmt":"2019-01-11T19:48:13","guid":{"rendered":"https:\/\/uat.woodbine.com\/corporate\/?p=2159"},"modified":"2019-01-11T14:48:13","modified_gmt":"2019-01-11T19:48:13","slug":"woodbine-entertainment-central-ontario-standardbred-association-reach-new-five-year-deal","status":"publish","type":"post","link":"https:\/\/uat.woodbine.com\/corporate\/2019\/01\/11\/woodbine-entertainment-central-ontario-standardbred-association-reach-new-five-year-deal\/","title":{"rendered":"Woodbine Entertainment and Central Ontario Standardbred Association Reach New Five-Year Deal"},"content":{"rendered":"<p>Woodbine Entertainment and the Central Ontario Standardbred Association (COSA) jointly announced today the agreement in principle of a new five-year deal that includes an investment in capital upgrades and an increase in purses, further solidifying Woodbine Mohawk Park as one of the leaders in total purses paid for Standardbred racetracks in North America.<\/p>\n<p>\u201cThe future is bright for Standardbred racing at Woodbine Mohawk Park.\u00a0 We are thrilled to come to terms on a new agreement with COSA representing Woodbine\u2019s continued partnership with horse people in the Province,\u201d said Jessica Buckley, President, Woodbine Mohawk Park.\u00a0 \u201cWe value our partnership with COSA and have successfully collaborated on multiple projects this year, including this new agreement.\u201d<\/p>\n<p><a href=\"https:\/\/uat.woodbine.com\/mohawk\/wp-content\/uploads\/sites\/3\/2018\/12\/WoodbineLogo.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-5615 aligncenter\" src=\"https:\/\/uat.woodbine.com\/mohawk\/wp-content\/uploads\/sites\/3\/2018\/12\/WoodbineLogo.jpg\" alt=\"\" width=\"700\" height=\"198\" \/><\/a>The new deal is highlighted by $15 million in additional purse money to be distributed over the course of the contract.<\/p>\n<p>Woodbine Entertainment has also committed to $1 million in capital upgrades to Woodbine Mohawk Park annually over the five-year period, a further demonstration of its commitment to the Standardbred horse racing industry in Ontario.<a href=\"https:\/\/uat.woodbine.com\/mohawk\/wp-content\/uploads\/sites\/3\/2019\/01\/COSA-Logo-Final.jpg\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-5673 alignright\" src=\"https:\/\/uat.woodbine.com\/mohawk\/wp-content\/uploads\/sites\/3\/2019\/01\/COSA-Logo-Final.jpg\" alt=\"\" width=\"300\" height=\"214\" \/><\/a><\/p>\n<p>\u201cThis new five-year deal is part of our commitment to Standardbred Racing, and the vision to grow year-round racing at our World Class facility in Milton,\u201d said Jim Lawson, CEO, Woodbine Entertainment.\u00a0 \u201cThis long term deal gives Standardbred breeders and owners the opportunity to plan and invest with confidence.\u201d<\/p>\n<p>\u201cCOSA is pleased to come to terms on a new five-year deal with Woodbine, providing purse growth each year for the next five years for our members,\u201d said Bill O\u2019Donnell, President of COSA. \u201cWe have developed a strong working relationship with Woodbine and will continue to work closely with them to reach goals for both sides during this new contract.\u201d<\/p>\n<p>Woodbine Mohawk Park reopened for the 2019 racing season on January 5. A total of 221 live race dates are scheduled for the upcoming season, highlighted by the Pepsi North America Cup and the 2019 Breeders\u2019 Crown.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Woodbine Entertainment and the Central Ontario Standardbred Association (COSA) jointly announced today the agreement in principle of a new five-year deal that includes an investment in capital upgrades and an increase in purses, further solidifying Woodbine Mohawk Park as one of the leaders in total purses paid for Standardbred racetracks in North America. \u201cThe future [&hellip;]<\/p>\n","protected":false},"author":62,"featured_media":2160,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[63,64,65,66],"class_list":["post-2159","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news","tag-central-ontario-standardbred-association","tag-cosa","tag-standardbred","tag-woodbine-mohawk-par"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v24.7 - 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