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Professional Bull Riders rumble into the new Las Vegas Arena in 2016

Professional Bull Riders rumble into the new Las Vegas Arena in 2016
This rendering shows the Las Vegas Arena, home to the PBR World Finals in 2016. (MGM Resorts International)

The Professional Bull Riders plan to stick around their current Las Vegas venue for another year, but there's a move on the horizon. The event that pits the toughest riders in the world against equally wily bulls moves in November 2016 to the new Las Vegas Arena being built behind New York-New York Hotel & Casino. 

PBR locked down a long-term contract with the 20,000-seat, $375-million indoor arena from MGM Resorts International and AEG.  The arena opens next spring.

The PBR World Finals, which first took place at the MGM Grand Garden Arena in 1994, moved to the Thomas & Mack Center in 1999, where it will take place this year. That site has seen legendary PBR bull riders and founders such as three-time PBR World Champion Adriano Moraes, 1997 winner Michael Gaffney and 1998 winner Troy Dunn claim the World Champion title.

The final "Toughest Event on Earth" at Thomas & Mack Center is slotted for Oct. 21-25 with its prize pot of the World Championship buckle and $1-million bonus.

Contenders this year include three-time PBR World Champion Silvano Alves, who has a chance to make history by becoming the only four-time World Champion and surpassing $6 million in earnings. He captured his third world title in four years at the 2014 PBR World Finals to win $1.27 million, making him the richest bull rider in history.

New names who have a chance to make history include Joao Ricardo Vieira, Matt Triplett, Kaique Pacheco and Nathan Schaper, all sitting in the top five.

In 2016, the bull riding organization plans to take over Las Vegas on Nov. 2-6, with tickets going on sale Oct. 26.

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