The Cutting Stallion
An NCHA Open Futurity Champion siring Open Futurity Champions. Stevie Rey Von's get dominate the cutting pen — the deepest earnings pool of any sire of his generation, and the foundation everything else is built on.
Stevie Rey Von's progeny earnings have surged more than $10 million in the past twelve months — one of the steepest climbs the sire ranks have ever seen — and his foals earn it everywhere: the cutting pen, the fence work, and the roping box.
By Metallic Cat and out of Miss Ella Rey by Dual Rey, Stevie carries a pedigree engineered for power and refinement — cow sense, athletic strength, and a mind that stays honest through the longest seasons. He carried that legacy straight into the pen, and now he stamps it on a generation.
His 2015 NCHA Open Futurity Championship was the breakout. He backed it with the 2016 AQHA Junior Cutting World Championship and a 231 in the 2018 NCHA Super Stakes Open Classic finals — an arena record and a Triple Crown record in the same run. The ability was never a single moment. It was a standard.
"Everyone knows who Tom Brady is. They should also know Stevie Rey Von and his offspring." — Jason Itkin, Theorem Ranch
Two of the most influential names in the Western performance horse — layered for cow, athleticism and consistency.
Six-Panel N/N · Genetic security for the long term
Most stallions are known for one event. Stevie Rey Von produces champions in three — the rarest kind of versatility in the Western performance horse, and the reason breeders in cutting, reined cow horse and roping all point to the same name.
An NCHA Open Futurity Champion siring Open Futurity Champions. Stevie Rey Von's get dominate the cutting pen — the deepest earnings pool of any sire of his generation, and the foundation everything else is built on.
Reined cow horse trainers prize his offspring for trainability and honest cow. Multiple NRCHA Snaffle Bit Futurity finalists and champions carry his blood into the fence work — and he was the youngest sire ever to reach the million-dollar mark in the NRCHA.
The fastest-growing chapter of his legacy. From an AQHA Junior Tie-Down World Champion to head and heel horses shown by Miles Baker and Trevor Brazile — his get have become some of the most sought-after rope prospects in the country.
Eight hundred and sixty-seven money-earners and counting — including record-setting sales, world championships, and the rope horses everyone is chasing.
Shown by Miles Baker and Trevor Brazile, "Pride And Joyy" is one of the most talked-about rope horses in the industry — speed, natural rate, and calm execution, the exact traits that define a Stevie Rey Von foal.
2025 AQHA Junior Tie-Down Roping World Champion, ridden by Marcos Costa.
A daughter who sold for a record-breaking figure — proof his influence carries a premium.
Cutting's crown jewel, claimed by a Stevie Rey Von — the win that stamped him a sire of Futurity Champions.
2019 blue roan stallion — winner of the inaugural Stevie Rey Von Bonus.
Stevie sired both the NRCHA Open Futurity Champion and the Reserve Champion in the same year — a sweep of the cow horse's biggest stage.
When a stallion reshapes an industry, the cameras follow. The latest from the press on Stevie Rey Von, Theorem Ranch, and the family behind them.
Foaled 2012 · Red Roan · Unmistakable.






Stevie Rey Von now stands at Theorem Ranch in Weatherford, Texas — walked through the gates by the family that believes he belongs to history.


Stevie Rey Von's offspring compete in cutting, reined cow horse and roping, and the Theorem Ranch Incentive pays in all of them. A paid 2027 breeding to Stevie qualifies one Theorem-sired horse in 2027, including a Stevie 3-year-old headed to the NCHA Open Futurity, where an eligible champion earns a $500,000 bonus.
Buy a 2027 breeding to any Theorem Ranch stallion.
Register your Theorem-sired horse with Theorem Ranch at least 30 days before the event.
Finish in the top five overall at a qualifying futurity, and Theorem Ranch pays you a bonus on top of the event's prize money.
The bonus isn't automatic. Your horse has to finish in the top five against the whole field. If no eligible Theorem-sired horse finishes in the top five, no bonus is paid.
These bonuses are paid on top of each event's own prize money. Placings are overall, against every horse in the finals, not just Theorem horses.
| Event | Champion | 2nd | 3rd | 4th | 5th |
|---|---|---|---|---|---|
| NCHA Open Futurity | $500,000 | $150,000 | $120,000 | $100,000 | $75,000 |
| NRCHA Snaffle Bit Futurity Open | $350,000 | $75,000 | $50,000 | $35,000 | $25,000 |
| NRHA Futurity Level 4 Open | $350,000 | $75,000 | $50,000 | $35,000 | $25,000 |
| Gold Buckle Futurities World Finals 4 & Under Heading | $125,000 | $40,000 | $25,000 | $20,000 | $15,000 |
| Gold Buckle Futurities World Finals 4 & Under Heeling | $125,000 | $40,000 | $25,000 | $20,000 | $15,000 |
| Gold Buckle Futurities World Finals 4 & Under Breakaway | $125,000 | $40,000 | $25,000 | $20,000 | $15,000 |
Heading and heeling pay separately. They are two different bonuses. The champion head horse can earn $125,000, and the champion heel horse can earn another $125,000. The money is not split between the two ends.
This part of the program pays out no matter what.
Theorem Ranch will pay $100,000 to the three Theorem-sired horses that earn the most at the 2027 Riata Championships:
This is the only part of the program where your horse is measured against other Theorem-sired horses instead of the whole field.
To qualify, the horse needs a current Riata nomination, and the horse's owner or rider must have bought a 2027 Theorem Ranch breeding. The horse must also be registered with Theorem Ranch at least 30 days before the Riata Championships.
Every Theorem Ranch Incentive payment is split the same way:
Example: If a Theorem-sired horse wins the Gold Buckle 4 & Under Heeling, the $125,000 bonus is split about $83,333 to the owner and about $41,667 to the breeder. If you bred and own the horse, you keep all of it.
Payees are named when the horse is registered.
One paid breeding qualifies one horse. Buy two breedings, and you can qualify two horses.
What doesn't count: Rebreeds, breedings bought from someone other than Theorem Ranch and complimentary breedings do not qualify unless Theorem Ranch agrees in writing.
Buy a paid 2027 breeding to any Theorem Ranch stallion for a mare you own, then register your 3-year-old with Theorem Ranch at least 30 days before the event you're entering.
No. Being by Stevie makes him eligible to be registered. You still have to buy a 2027 breeding, register him on time, and he has to finish in the top five overall.
It's a 2027 bonus program from Theorem Ranch. If you buy a 2027 breeding to a Theorem Ranch stallion and your Theorem-sired horse finishes in the top five at a qualifying futurity, Theorem Ranch pays a bonus on top of the event's prize money. It also guarantees $100,000 to the top three Theorem-sired horses at the 2027 Riata Championships.
Stevie Rey Von, SEVS Judgement Day, Pepinstep and Outta Yur League.
No. Theorem Ranch pays it. It's added on top of whatever the event pays.
The program covers 2027 events.
No. The futurity bonuses are paid only if an eligible Theorem-sired horse finishes in the top five overall in the finals. If none does, no bonus is paid in that class.
Yes. Theorem Ranch will pay the full $100,000 at the 2027 Riata Championships, split $50,000, $30,000 and $20,000 among the three highest-earning eligible Theorem-sired horses.
Top five overall. Your horse is placed against every horse in the finals, not just Theorem horses.
No. A placing below fifth pays nothing.
No. The owner has to buy a 2027 breeding, register the horse on time, and the horse has to finish in the top five.
A paid 2027 breeding to a Theorem Ranch stallion, for a mare you own.
No. It has to be sired by one of the four Theorem Ranch stallions, but it can be any of them. Example: You book a mare to Outta Yur League and use that breeding to qualify a Stevie Rey Von 3-year-old at the NCHA Futurity.
Yes. Fresh, frozen and ICSI breedings all count.
No, unless Theorem Ranch agrees in writing.
No, unless Theorem Ranch agrees in writing.
It doesn't count unless Theorem Ranch agrees in writing.
No. One paid breeding qualifies one horse. Buy two breedings to qualify two horses.
No. One breeding covers one event. To qualify your horse at a second event, you need a second breeding.
At least 30 days before the event starts. If you miss the deadline, your horse is not eligible, even if it wins.
Fill out the registration form at COMING SOON and send it to Theorem Ranch. Your horse is eligible once Theorem Ranch accepts the registration.
Yes. This program doesn't replace any event's entry, nomination or eligibility rules. Your horse still has to be eligible for and entered in the event on its own.
No. The Theorem Ranch Incentive is separate from every event's own stallion or breeder incentives.
One-third goes to the horse's breeder. Two-thirds goes to the owner, who splits it with the trainer or rider under their own agreement.
The breeder of record on the horse's AQHA papers.
Yes. If you're both the breeder and the owner, you receive the full bonus.
No. The owner receives the owner's two-thirds and handles any split with the rider or trainer.
If an eligible horse ties for a top-five place, the bonus amounts for the tied placing and the next lower placing(s) are added together and split evenly among the tied horses. Only eligible Theorem-sired horses receive a share.
A disqualified horse earns no bonus. If a bonus was already paid, it must be paid back.
No. They're separate. The champion head horse can earn $125,000, and the champion heel horse can earn another $125,000.
Yes. The 4 & Under Heading and 4 & Under Heeling are separate classes with separate bonuses, so a head horse and a heel horse can each earn one. Each horse has to be eligible and registered on its own, and each horse's owner needs their own 2027 breeding.
The 2027 Gold Buckle Futurities World Finals: the 4 & Under Heading, the 4 & Under Heeling and the 4 & Under Breakaway.
No. The Riata Championships are team roping only.
Yes, for the Riata money. If you bought a 2027 Theorem Ranch breeding and the horse has a current Riata nomination, it can qualify. For the Gold Buckle bonuses, the horse's owner must hold the breeding.
No. It goes to the three Theorem-sired horses with the highest earnings at the 2027 Riata Championships. Earnings from every class count, including the Rope Horse Rewards ropings.
All of the money is paid out even if fewer than three qualified Theorem-sired horses compete — Theorem Ranch pays ground money.
Email stallions@theoremranch.com.
The Theorem Ranch Incentive is offered by Theorem Ranch Texas, LLC and Theorem Ranch, LLC. Futurity bonuses are paid only if a registered, eligible Theorem-sired horse finishes in the top five overall in the finals of a qualifying event. One paid 2027 breeding qualifies one horse. Rebreeds, breedings purchased from a third party and complimentary breedings do not qualify unless Theorem Ranch agrees in writing. Horses must be registered and accepted at least 30 days before the event begins. A disqualified horse earns no bonus, and any bonus already paid must be refunded. Full program terms apply.
Do you own a Stevie? If not — you should.
Bookings for the 2027 season are limited. The 2026 book is closed. Request your contract below and the Theorem Ranch breeding office will be in touch.