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Old 04-18-2010, 07:36 PM
philcski's Avatar
philcski philcski is offline
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Join Date: Jun 2006
Location: Mission Viejo, CA
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Quote:
Originally Posted by freddymo View Post
He has to win the KD and Travers for this whacky math to potentially be ok
Actually not. Best comp in the market right now is First Samurai, and he stands for $30k (down from $40k). The typical price paid is 300 X stud fee, so $9 million. I think the market will no longer support a 300X multiplier, and will adjust down to 200X going forward, so $6 million.

If he wins the Derby and Travers he'd be standing for $50k so a potential price of $10MM-$15MM.
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