03/02/2016 02:20 EST | Updated 03/02/2016 02:59 EST

Canadian Finals Rodeo Might Buck Edmonton After 43 Years

John Ulan/CP

EDMONTON — The people who run the Canadian Finals Rodeo are trying to wrangle a better deal that could mean the event will leave Edmonton after 43 years.

The Canadian Professional Rodeo Association says it has rejected a proposal from the city and the Oilers Entertainment Group.

General manager Dan Eddy says the association will accept proposals from other cities to host the annual event starting in 2017.

Eddy says Edmonton can submit a proposal, even though its latest bid fell short after months of talks.

The rodeo features events such as bareback riding, steer wrestling and saddle-bronc riding and has drawn thousands of visitors to Edmonton each year since 1974.

The event known as the CFR will still be held in Edmonton this fall.

"From our perspective this is all about our members, fans and sponsors of the Canadian Professional Rodeo Association,'' Eddy said Wednesday in a release.

"Our focus is doing what is best for those members, fans and sponsors that expect us to pursue the best possible opportunities for the sport they love.''

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