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  #1  
Old 10-05-2009, 07:41 PM
freddymo freddymo is offline
Belmont Park
 
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Quote:
Originally Posted by Cannon Shell
Why does everyone assume that if Sea the Stars comes to the BC he will run in the classic? Why wouldnt he run in the Turf? Why would he run in the Classic?
PURSE MONEY....Geez you always forget about how important purse money is to owners, remember they have to keep score.
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  #2  
Old 10-05-2009, 08:06 PM
TropicalStorm TropicalStorm is offline
Hey! That was Quiet Chris!
 
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Purse money means nothing to this owner. This horse is worth between 50 and 100 million US dollars. The purse money from the Classic works out to about 2 million to the owner after taxes and trainer and jockey. Travel is another 100K. This horse can earn 2 million in a single week in the breeding shed.

He is not a great horse with a decent pedigree. He is not a filly. He is the best horse in decades with a perfect pedigree. He is arguably the greatest stallion prospect ever. He is such a good prospect that the downturn in the market will do little to hurt his value.

There is no chance he ever races again. The BC will likely flatter him more when all his victims dominate eveything.
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  #3  
Old 10-05-2009, 11:38 PM
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Indian Charlie Indian Charlie is offline
Goodwood
 
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Location: Southern Maine
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Quote:
Originally Posted by CrossfireHurricane
Purse money means nothing to this owner. This horse is worth between 50 and 100 million US dollars. The purse money from the Classic works out to about 2 million to the owner after taxes and trainer and jockey. Travel is another 100K. This horse can earn 2 million in a single week in the breeding shed.

He is not a great horse with a decent pedigree. He is not a filly. He is the best horse in decades with a perfect pedigree. He is arguably the greatest stallion prospect ever. He is such a good prospect that the downturn in the market will do little to hurt his value.

There is no chance he ever races again. The BC will likely flatter him more when all his victims dominate eveything.
Let me guess, you are a PR specialist or a marketing guru type.

Did you write the press release for the Zensational stud deal?
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  #4  
Old 10-06-2009, 12:48 AM
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onebadbeast onebadbeast is offline
Washington Park
 
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Location: illinois
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WITH ALL THAT SAID........HE IS COMING, TRUST ME, I AM NEVER WRONG. HE IS COMING, YOU HEARD IT HERE
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  #5  
Old 10-07-2009, 04:24 PM
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brockguy brockguy is offline
Santa Anita
 
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Anyone know how is race horse insurance works???

http://www.guardian.co.uk/sport/2009...nce-retirement
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  #6  
Old 10-07-2009, 05:47 PM
Merlinsky Merlinsky is offline
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Quote:
Originally Posted by brockguy
Anyone know how is race horse insurance works???

http://www.guardian.co.uk/sport/2009...nce-retirement
Not absolutely sure about details of the horse insurance business, but I seem to recall some thing where what Big Brown was insured for wasn't entirely going to cover what he was worth to IEAH as a prospective stallion they were trying to sell. Of course that might've just been Iavarone talking out of his y'know.

Here's something I found discussing his change in insurability from Derby to Preakness http://www.cnbc.com/id/24457479 which makes me wonder maybe it's not that Sea the Stars can't be insured, just that the insurance company might not being willing to raise coverage or raise it enough to warrant the risk for the owner. Insurance guys might figure he's maxed out.
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  #7  
Old 10-08-2009, 08:20 AM
Antitrust32 Antitrust32 is offline
Jerome Park
 
Join Date: May 2006
Location: Ft Lauderdale
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Quote:
Originally Posted by Merlinsky
Not absolutely sure about details of the horse insurance business, but I seem to recall some thing where what Big Brown was insured for wasn't entirely going to cover what he was worth to IEAH as a prospective stallion they were trying to sell. Of course that might've just been Iavarone talking out of his y'know.

Here's something I found discussing his change in insurability from Derby to Preakness http://www.cnbc.com/id/24457479 which makes me wonder maybe it's not that Sea the Stars can't be insured, just that the insurance company might not being willing to raise coverage or raise it enough to warrant the risk for the owner. Insurance guys might figure he's maxed out.

We cant take on too much risk. If we insure a horse for 30 mil and he dies, then the company is screwed. So we have to worry about our business and just cant take on any amount owners throw at us.
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Can I start just making stuff up out of thin air, too?
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