Las Vegas lost the prized National Finals Rodeo when the Professional Rodeo Cowboys Association board voted 6-3 Sunday to reject Sin City’s offer to keep the NFR past 2014 and to pursue a more lucrative offer to move the Super Bowl of rodeo to Central Florida near Disney World and Orlando.

Less than 24 hours after the NFR completed its 29th year in Las Vegas, the Osceola County Commission met at noon Sunday to approve a memorandum of understanding with the PRCA.

The county near Orlando, which is the gateway to Disney World and home to the biggest rodeos east of the Mississippi River, will provide $16 million in annual purses and administrative costs as well as a new 24,000-seat arena. The board of the Colorado Springs, Colo.-based PRCA voted to pursue the Orlando area as the NFR’s new home.

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