
09-17-2006, 12:04 AM
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Del Mar
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Join Date: Jun 2006
Location: Washington dc
Posts: 5,277
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Quote:
Originally Posted by Rupert Pupkin
What in the world are you talking about? When are there $40 million syndication deals? In the current decade(2000-2006), I think there was only one horse syndicated for more than $20 million. Smarty Jones was synidcated for something in the neighborhood of $40-50 million. I don't think there was one other horse that was even above $20 million. Even a BC Classic winner like Saint Liam only was sydicated for about $8 million. I don't think that trainers normally get more than 1-2 shares. I can check on this, but even if you are right and Dutrow got 4 shares in Saint Liam, that means the deal would have been worth around $300,000 for Dutrow. He made that in one day when the horse won the BC Classic. He would have been much better off if the horse kept running.
It's a 100,000-1 shot to get a horse that's worth $40 million. You act like it's a regular occurence. I think there's only been 1 in the last 10 years.
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They syndicated Fusaichi Pegasus for over 60 million in 2000
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