Appreciate all the "eyes" on this. I'll uncover the deck later today and look at some of the observations although I've never had a problem with any of the pulleys. Yes, that belt looks sad...funny thing is I ordered a new belt many years ago intending to replace the original, just never got round to it so I thought lets see just how long it will last. The PT has over 1400 hours on it and at least 60% of that time was running the mower.
Def on borrowed time!
You would think I caught the deck going fast but as us PT owners know, I don't think the tractor exceeds 10mph which makes me think there was a pre existing condition for the part to fail.
Going to clean things up a bit and take some better photos before contacting Terry. Wife said maybe the part can be welded back together, not sure I'm comfortable with that but will run it by Terry.
Thankfully I kept the contact info on a welder from years ago that did some fine wok for me then, probably call him later today.