National Finals Rodeo 2020 happening in Texas, not Las Vegas

LAS VEGAS (KTNV) — Texas Gov. Greg Abbott has confirmed via his Twitter account that the 2020 National Finals Rodeo, which is held in early December, will not be taking place in Las Vegas.

"This year’s National Finals Rodeo will move from Las Vegas to Globe Life Field in Arlington, Texas. This event belongs in Texas!" his tweet read.

The Professional Rodeo Cowboys Association held a press conference on Wednesday to discuss the decision to move NFR from Las Vegas to Texas. Watch below.

NFR is the season-ending championship event for the Professional Rodeo Cowboys Association and is widely acknowledged to be the world's premier rodeo.

It has been held at the Thomas & Mack Center in Las Vegas since 1985.

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The NFR will be the first major non-baseball event to be held at Globe Life Field.

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Losing the NFR is another economic blow to the Las Vegas area.

The Las Vegas Convention and Visitors Authority said the 2018 NFR brought in an estimated economic impact of $187.5 million to the valley.

Wrangler NFR posted on Twitter shortly before noon on Wednesday that the rodeo is expected to be back in Las Vegas in 2021

Las Vegas Events also sent this statement:

It is unfortunate that Las Vegas is unable to host the Wrangler NFR in 2020 with fans. We congratulate the PRCA for finding a home in 2020 that will allow fans to attend, which in turn generates prize money for the contestants. In exchange for allowing them to move their event in 2020, an extra year has been added to our contract. We look forward to hosting the Wrangler NFR in Las Vegas – December 2-11, 2021 – and continuing through 2025.