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Originally Posted by Rudeboyelvis
You can't argue the general to the specific and vice versa. I have no idea what this guy does, but would imagine his expenses are not near 50.00 a day per horse unless he is stabling every horse at the track (which he is not) and further have no idea what he pays his program trainers to run them. Slot money is gargantuan with respect to traditional models...Obviously he'd be losing his shirt running 5k races for 7500 like here in Tampa, but 4x + purses are crazy and certainly pays for the balance of the ones that don't pan out or, unfortunately, drop dead.
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You cant be serious since you know what it costs to have horses. I mean do the math. He said he had over 450 horses last year. If he spent an average of 10k on each that is over 4 million right there. You really think you can run that many horses for less than $50 a day with vet included?If his prerace including Lasix was $50 per starter which is very light, would be over 110k for that alone. It isnt really close as I have drastically understated his expenses for the most part. The $6 million he earned is a gross number as well. Even if the trainers work for less than 10%, you still have the jocks earnings to pull from there.
01-26-2010, 10:46 PM
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