- Has been called the "Father of Modern Rodeo" for his many rodeo gear and equipment inventions, many of which are still being used at rodeos.
- Earl Bascom was known as the "Cowboy of Cowboy Artists.".
- First professional rodeo cowboy to become a professional cowboy artist and sculptor.
- First cowboy artist to be made a Fellow of the Royal Society of Arts of London, England (founded in 1754).
- Often worked with Roy Rogers on Rogers' films.
- He and three of his brothers and their father, John W. Bascom, have all been inducted into various halls of fame in the United States and Canada.
- Has been inducted into more halls of fame than any other cowboy in history.
- He and brother Weldon Bascom produced the world's first rodeo held outside at night under electric lights.
- He and his brother Weldon Bascom were once listed among the three best bull riders in the world.
- His father, John W. Bascom, was a Utah lawman who chased members of Butch Cassidy's Wild Bunch outlaw gang.
- He and brother Weldon Bascom worked on a ranch in Perris, CA, formerly owned by MGM chief Louis B. Mayer.
- He and artist Frederic Remington, who was often called the "father of cowboy sculpture", were cousins through Remington's mother Clarissa Bascom Sackrider Remington.
- He and John Wayne were distant cousins through their ancestor Maj. John Greene.
- On the Warner side of his family, he was related to George Washington, America's first president.
- Has been called Canada's most famous cowboy artist and sculptor.
- Worked on a ranch in Montana in 1926 on Kicking Horse Creek near the Sweetgrass Hills that once was owned by famous cowboy artist Charlie Russell.
- Introduced brahma bull riding to rodeo in 1935.
- Inducted into the Alberta Sports Hall of Fame as a rodeo pioneer.
- First rodeo champion to be inducted into Canada's Sports Hall of Fame, in 2015.
- Earl Bascom has been called the "Father of Bareback Bronc Riding.".
- Was the international honoree for the National Day of the Cowboy in 2014.
- Listed among Canada's most famous inventors.
- Invented rodeo gear and equipment, including the modern bronc saddle in 1922 and the modern bareback rigging in 1924.
- He and director/stuntman Yakima Canutt were competitors on the rodeo circuit before Canutt got into the film industry, and they later worked together on several films.
- As a child he was called "Lord" Bascom by his English grandmother.
- He and his brothers boarded and cared for a team of palomino horses that were used by Hoot Gibson in a race scene in The Calgary Stampede (1925).
- His maternal grandfather, C.F.B. Lybbert, was a Danish immigrant who converted to Mormonism and became a rancher, lawman and judge in Utah.
- In 1955 he became the first rodeo producer to use brahma bulls in a rodeo, at Columbia, MS.
- He and his brothers, along with their father, were all cowboys and professional horsemen known as the "Bronc Bustin' Bascom Boys".
- Was a descendant of King Edward III of England.
- In the mid 1930s he worked on the B Bar H cattle ranch in Lawrence County, MS. It was at one time owned by Sen. Stephan A. Douglas, famous for his debates with US President Abraham Lincoln.
- Descendant of Indian chief Miantonomo of the Narragansett tribe, who were the original inhabitants of the state of Rhode Island. The Chief's daughter Minnitinka was Princess of the Turtle Clan and Bascom's ancestor.
- He and brother Weldon Bascom were honored with the Pioneer Award by the ProRodeo Cowboys Association as "true rodeo pioneers.".
- Earl Bascom was named in 2017 by the Toronto Star newspaper as one of 150 of Canada's greatest athletes, chosen from Canada's historical past to celebrate that nation's 150th birthday when a confederation of 13 North American provinces and territories merged into one nation in 1867.
- Earl Bascom was inducted into Canada's Sports Hall of Fame in 2015 which year was the 60th anniversary of its founding in 1955. That year was also celebrated as the "Year of Sports" as declared by the Governor General of Canada, His Excellency, the Right Honorable David Johnston.
- Earl Bascom has been called the "Jim Thorpe of Rodeo" because of his many awards and for being of American Indian descent.
- Earl Bascom has been called "Wyoming's most famous cowboy," having been a rodeo pioneer, rodeo champion, wild horse chaser, bronc buster, cowboy artist and sculptor, cowboy actor, and known around the world in the sport of rodeo.
- U.S. President Ronald Reagan collected Earl Bascom art work and called him "one of America's greatest cowboys.".
- Earl Bascom, Roy Rogers and Bing Crosby were distant cousins, all three are descends of early New England settler Isaac Warner, and thus related to the mountain man and frontiersman Jonathan T. Warner, and to America's first President George Washington.
- Earl Bascom, whose maternal great grandmother came to America from Germany in 1865, and whose Royal German ancestry goes back to Heinrick I, Emperor of Germany, was honored at the Earl W. Bascom Memorial Rodeo in Berlin during the German-American Folkfest of 2005.
- Earl Bascom worked at the Roy Rogers Riding Stables in Apple Valley, California where Roy Roger's horse Trigger, Jr. was kept.
- Earl Bascom and actor Franchot Tone both descend from Thomas Bascom who was one of the founders of Windsor, Connecticut and later constable of Northampton, Massachusetts in 1666.
- Roy Rogers called Earl Bascom, a "walking book of old west history".
- Earl Bascom, Roy Rogers and Bing Crosby each have American Indian heritage - Earl Bascom was of Narragansett Indian heritage as a descendant of Chief Miantonomo; Roy Roger was of Choctaw Indian descent; and Bing Crosby was of Cherokee Indian heritage being a descendant of Chief A-ma-he-ta-i-moytoy.
- Earl Bascom and Bonanza cowboy actor Dan Blocker both descend from Nicolas Martiau, the French Huguenot settler of Jamestowne, Virginia of 1620 who engineered the defenses of Jamestowne which protected the residents from an Indian attack in 1622.
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