HOY - what is the benefit?

[Danzig]

millions?

most syndication deals are done far ahead of when HOY is awarded. so how can it mean millions?

i'd imagine most post-bcc deals for horses are done with the presumption everyone knows who will win hoy. but once it's given out....that's a little late, isn't it? mares have already been covered by then.

also, i seriously doubt smartys syndication could have gone above what the value was set at if he'd won HOY. there is a ceiling.


but hey, i could be wrong. have been before.