Why would they do this?

[Buffymommy]

Originally Posted by Pointg5

Just because he cost $750K, doesn't mean he's worth it...That's why I am amused by these "pretty pedigree horsey people"...My favorite is when someone picks up a catalog and states this one should be a good horse, well then, take a look at this one...

I didn't mean he was worth $750,000 but that they PAID that much for him? Kinda like, HUH?

Why geld him though? With his pedigree even if he doesn't run well, couldn't he have had some value as a stallion? Even like $500?