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#1
02-26-2010, 10:31 AM
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Big $ MTH "uber meet" experiment moving forward
Monmouth may offer $1M a day in purses
By Matt Hegarty http://www.drf.com/news/article/111078.html Monmouth Park in Oceanport, New Jersey, will run a 50-day meet in 2010 with purses averaging $1 million a day under a plan proposed by Gov. Chris Christie and supported by the state's horsemen, according to a report in the Newark Star-Ledger. The plan calls for racing on Friday, Saturday, and Sunday, from May 22 to Labor Day, and would also entail dropping the Meadowlands's fall Thoroughbred meet, according to the Star-Ledger. Monmouth and the Meadowlands are operated by the New Jersey Sports and Exposition Authority, a state agency. Earlier this year, a report commissioned by Gov. Christie called for the elimination of the Meadowlands meet and a 50-day meet at Monmouth, a dramatic reduction of the 141 live Thoroughbred racing dates that are required under a contract between the NJSEA and the state's horsemen through 2016. According to the report, horseracing operations at the NJSEA lost $13 million in 2009 [it has been widely but incorrectly reported that the racing operations lost $22 million]. At the time the report was released, Dennis Drazin, the former president of the New Jersey Thoroughbred Horsemen's Association, said that horsemen and management of the NJSEA had discussed the possibility of a 50-day meet, but that horsemen would not support the plan unless the state could guarantee that purses would be $1 million a day. According to Drazin, the state had balked at providing that guarantee.
__________________
All ambitions are lawful except those which climb upward on the miseries or credulities of mankind. ~ Joseph Conrad A long habit of not thinking a thing wrong, gives it a superficial appearance of being right. ~ Thomas Paine Don't let anyone tell you that your dreams can't come true. They are only afraid that theirs won't and yours will. ~ Robert Evans The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command. ~ George Orwell, 1984. Last edited by Kasept : 03-03-2010 at 05:20 AM. 
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#2
02-26-2010, 10:36 AM
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Wow indeed. Now that is a boutique meet.
__________________
Still trying to outsmart me, aren't you, mule-skinner? You want me to think that you don't want me to go down there, but the subtle truth is you really don't want me to go down there!
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#4
02-26-2010, 11:01 AM
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Quote:
__________________
Still trying to outsmart me, aren't you, mule-skinner? You want me to think that you don't want me to go down there, but the subtle truth is you really don't want me to go down there!
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#5
02-26-2010, 11:19 AM
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Yeah, if they can coordinate boutique meets accross the country so one is winding down and another is coming up, that would be cool.
Satish could work out the details as $1 year Commish!
__________________
“Once there was only dark. If you ask me, light’s winning.”–Rust Cohle – True Detective
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#6
02-26-2010, 11:32 AM
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#7
02-26-2010, 11:41 AM
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I can live with Fri-Sun only since those are the days I go to the track anyway. I'm always skeptical of anything this screwed up state proposes however. I need to hear more opinions from better informed people.
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#9
02-26-2010, 12:59 PM
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It would figure to weaken Saratoga's cards if it runs through labor day.
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#11
02-26-2010, 01:14 PM
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In other words .... we can look forward to MUCH better weekend racing cards in Jersey .. and more NY breds and turf sprints at Saratoga? ... I dunno if that's the greatest of trade offs.
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#12
02-26-2010, 02:16 PM
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Turning out there's a bit 'less' to this than it looks..
Original reporting of the story by Tom Luicci/The Star-Ledger http://www.nj.com/sports/njsports/in...outh_park.html It's not just 50 days in the summer, and the $50MM number includes the stakes AND overnight programs...There's also a 21 day Sept-Nov meet that will run for $250-$300k/day ($5.5MM), and the stakes program is worth about $5MM. So take $10-$11MM off the $50MM total and you are actually around $775-$800k a day for the summer meet. And even that number is not purse money exclusively. And I'm being told that the Star-Ledger was very premature releasing this. There are many i's to dot and t's to cross yet...
__________________
All ambitions are lawful except those which climb upward on the miseries or credulities of mankind. ~ Joseph Conrad A long habit of not thinking a thing wrong, gives it a superficial appearance of being right. ~ Thomas Paine Don't let anyone tell you that your dreams can't come true. They are only afraid that theirs won't and yours will. ~ Robert Evans The Party told you to reject the evidence of your eyes and ears. It was their final, most essential command. ~ George Orwell, 1984. Last edited by Kasept : 02-26-2010 at 02:47 PM.
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#13
02-26-2010, 02:44 PM
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If they install some lights at Monmouth and run at night a few times a meet to make up for the nights they would have done at the Swamp, I think this is a blockbuster idea. Who needs a Wednesday card full of $5k claimers at the Shore? Weekends there are wonderful, might as well beef up those and leave the meat and potatoes racing to Philadelphia and Delaware where slots can prop up the lower level racing.
__________________
please use generalizations and non-truths when arguing your side, thank you
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#14
02-26-2010, 02:48 PM
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Game Over
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#15
02-26-2010, 05:41 PM
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Sounds good to me
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#16
02-26-2010, 06:17 PM
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#17
02-26-2010, 06:42 PM
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800k a day ain't to shabby..Quarter Claimers will go for 50k THAT WORKS and there will be 12 in the box with 3 on the AE list.. Guys will be racing 50 claimers in 25's in a heart beat. You want to see great MDN SPL besides the SPA card? Watch what happens when the purse is 78k vs. NYRA's 48.. Can I get a Carolina franchise?
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#18
02-26-2010, 06:55 PM
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#19
02-26-2010, 07:06 PM
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#20
02-26-2010, 07:23 PM
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FreddyMo 3:16
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