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  #1  
Old 03-31-2009, 04:36 PM
blackthroatedwind blackthroatedwind is offline
Jerome Park
 
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$20 Million got them Street Sense's tail.

I think $60 Million is probably more accurate.
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  #2  
Old 03-31-2009, 04:42 PM
Danzig Danzig is offline
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Quote:
Originally Posted by blackthroatedwind
$20 Million got them Street Sense's tail.

I think $60 Million is probably more accurate.
which i think only bears out my argument even more. maybe it was hard spun who was rumored at 20 mill? the money being tossed at top prospects is insane. hell, ieah threw close to 6 million to buy a filly-she won't have near the residual value as a top colt.
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  #3  
Old 03-31-2009, 04:47 PM
SniperSB23 SniperSB23 is offline
Hialeah Park
 
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Quote:
Originally Posted by Danzig
which i think only bears out my argument even more. maybe it was hard spun who was rumored at 20 mill? the money being tossed at top prospects is insane. hell, ieah threw close to 6 million to buy a filly-she won't have near the residual value as a top colt.
Of course not, but if she never wins another race and Win Whilly or I Want Revenge never win a race she will have far more value then either of them cause she has already accomplished something. Part of what they were buying were what the horse had already accomplished. With Win Whilly or I Want Revenge you are almost solely buying what they could accomplish. That is why those horses wouldn't go for $20 million.
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  #4  
Old 03-31-2009, 04:48 PM
parsixfarms parsixfarms is offline
Churchill Downs
 
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Let's not forget that some of the silly figures for horses like Street Sense and Majestic Warrior came from the fact that they were stallion prospects, and their deals were done long before the recent "bubble bursting" on the stud market. As a son of Stephen Got Even, I think it's fair to say that I Want Revenge's value now is primarily as a race horse/Derby contender; any residual value is probably very marginal at this time (as opposed to a horse such as Quality Road or Dunkirk).
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  #5  
Old 03-31-2009, 04:51 PM
Antitrust32 Antitrust32 is offline
Jerome Park
 
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Quote:
Originally Posted by parsixfarms
Let's not forget that some of the silly figures for horses like Street Sense and Majestic Warrior came from the fact that they were stallion prospects, and their deals were done long before the recent "bubble bursting" on the stud market. As a son of Stephen Got Even, I think it's fair to say that I Want Revenge's value now is primarily as a race horse/Derby contender; any residual value is probably very marginal at this time (as opposed to a horse such as Quality Road or Dunkirk).

Let's also not forget that Street Sense and half of that crop went to Darley... so the numbers wont make sense because Darley doesnt really worry about what they spend..

Was that they year they spent like 4 bazzillion dollars at the sales too?
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  #6  
Old 03-31-2009, 05:00 PM
-BT- -BT- is offline
The Curragh
 
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am i the only person who doesn't hate or despise this deal?
one of those i scratch your back you scratch mine. Hypotheically what if IWR and stardom bound end up winning the derby and oaks, how many people can say they owned a piece of each in the same year?
I've seen dumber investments


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  #7  
Old 03-31-2009, 04:58 PM
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philcski philcski is offline
Goodwood
 
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Quote:
Originally Posted by parsixfarms
Let's not forget that some of the silly figures for horses like Street Sense and Majestic Warrior came from the fact that they were stallion prospects, and their deals were done long before the recent "bubble bursting" on the stud market. As a son of Stephen Got Even, I think it's fair to say that I Want Revenge's value now is primarily as a race horse/Derby contender; any residual value is probably very marginal at this time (as opposed to a horse such as Quality Road or Dunkirk).
Isn't that what I said before?

I think you guys are getting fooled by the sticker price of a lot of these supposed "deals". Most of them creatively inflate the value to make them feel better in the public eye. I'd do the same if I were a pompous ass with no downside like Iavarone. It isn't his money on the line!
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