HOY - what is the benefit?

[Rupert Pupkin]

Originally Posted by Bold Brooklynite

You're right ...

... and so am I ... see Post #22.

Winning HOY was huge for Saint Liam. It made his value much greater and that deal was made late in the year. After he won the BC Classic, it was a foregone conclusion that he would win HOY. I don't know if there was any clause in the contract about the terms changing if he somehow didn't win HOY. I can tell you that winning HOY always makes a difference in the value of the horse. Winning HOY is a big deal.

I don't think that Kurt's question was a dumb question at all. I have been in the business for a long time and didn't even know the answer of that question until last year. I actually asked one of my trainers who has been involved in many syndications deal that same question. I asked him if HOY meant anything. He told me it makes the horse's value for breeding go way up. He said winning HOY is a huge deal monetarily.