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Old 02-29-2012, 08:43 AM   #16
cj
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Originally Posted by PaceAdvantage
Horses under his care made $17M last year...somebody pocketed that chump change...
Right, and how much did the owners spend to buy the horses? I really don't know, that is why I'm asking. I would be very surprised if Pletcher's owners show a net profit for the year, or even close to one.
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Old 02-29-2012, 09:58 AM   #17
turninforhome10
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Originally Posted by cj
Right, and how much did the owners spend to buy the horses? I really don't know, that is why I'm asking. I would be very surprised if Pletcher's owners show a net profit for the year, or even close to one.
Can you count the stallion fees collected as income?
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Old 02-29-2012, 10:06 AM   #18
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Originally Posted by turninforhome10
Can you count the stallion fees collected as income?
Well, that would depend on how much interest the owner-while-racing retains in the horse after syndication. Of course, one could include the sale price to the stud farm/syndicate as income.
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