More than likely, pricing will vary geographically. Friend has a 7420, with a JD 8' or slightly larger rotary mower of the same age. Bought new I believe, 2 spindle as well if I recall. Another friend with one of these had some hard to believe shaft failure with a similar size tractor on it. The 7420 and the above mower, was $75+/hr. Think he had a minimum charge or something too. Seemed to be a productive arrangement recalling a field done with it near another friends place. Locally, there's a few others advertising this work, lower rates, but smaller equipment. Unless I knew the fields, I'd likely avoid doing this for hire, sometimes it is not worth the risk. Well to me anyways, it is a smart move to check the job out first, price accordingly.
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Today's Featured Article - Seeing an Old Friend - by Joe Evans. Dad had a concrete contracting business starting in 1960. One of his first pieces of equipment was a Ferguson TO-35 with a Davis loader. Dad replaced the TO-35 with a MF 202 Workbull, essentially an industrialized Ferguson 35 I am told. Dad bought the 202 new in 1962, and I recall quite clearly going to the dealer with him to sign for it.
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