For the budget minded...
Some of the custom work I saw out there cost upwards of $500-$700. I couldn't really justify that, especially as I would have had to jury rig a receiver hitch on the front of my sled (it doesn't come standard and there are no aftermarket providers) on top of the cooler rack cost.
So, I got a cheapie Cabelas rack (fits standard 2" receiver) for something like $150 and then fastened some 2" pvc pipe as rod holders (using stainless hose clamps from Home Depot). All for under $200 (including locking hitch pin and lock). It's pretty ugly to look at, but it works.
I can fit a 186 quart cooler in it and as many rods as I want to (I think I have seven holders set up).
If I had to do it all over again, I would definitely opt for the all-aluminum models that hold up to 500 lbs for a little more $$$.
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