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12-08-2019, 04:07 PM
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#16
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@TimeformUSfigs
Join Date: Jan 2002
Location: Moore, OK
Posts: 46,829
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Quote:
Originally Posted by Frost king
If he had any potential stud value, they never would have started him for a tag in the first place. His residual value would have been more than the tag he ran for. Every horse that runs has some form of breeding in his pedigree.The West’s bred and stood his sire, they thought so highly of him, they dumped him off to Brazil. This is the only stakes winner from New Year’s Day. No regal breeding or results. Therefore no stud value. The West’s will probably stand him.
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Is that true for males? Seems like you have to have at least some kind of results on the track to have any value in the shed regardless of how great your breeding is. Even the royally bred Green Monkey was shipped to Turkey. I mean I guess he had at least some value, but it couldn't have been much.
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12-08-2019, 05:30 PM
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#17
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Registered User
Join Date: May 2014
Posts: 310
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The Green Monkey, never made it to Turkey. He ended up back in Florida with his former pinhookers, Hartley and De Renzo. They stood him until his death.
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12-08-2019, 07:31 PM
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#18
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Registered User
Join Date: Jul 2008
Posts: 3,761
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Quote:
Originally Posted by cj
Is that true for males? Seems like you have to have at least some kind of results on the track to have any value in the shed regardless of how great your breeding is. Even the royally bred Green Monkey was shipped to Turkey. I mean I guess he had at least some value, but it couldn't have been much.
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Depends on what you mean by value in the shed. Jess's Dream stands for $5k in Florida with only one race (and win) to his credit. He covered 76 mares this year. Unraced (or lightly raced) but well bred mares are always going to have more appeal to breeders than stallions with no race record, but one with a really sought after bloodline can find a niche.
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12-08-2019, 08:21 PM
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#19
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Registered User
Join Date: Jan 2003
Location: Henderson, Nevada
Posts: 174
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Quote:
Originally Posted by Frost king
He has as much value at stud as California Chrome had. Which is nothing.
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Looks a bit better than nothing. 473 mares covered, yearling sold for $325k and all this before any hit the track.
California Chrome's initial stud fee was set at $40,000, making him the co-second-highest-priced new stallion for 2017.
California Chrome's first reported foal, a colt out of the mare Pay the Man, was foaled on January 20, 2018. His first crop will be of racing age in 2020. By 2019, he had bred a total of 473 mares and his first crop of yearlings sold at auction, the highest-priced selling for $325,000.
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12-08-2019, 08:31 PM
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#20
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Registered User
Join Date: May 2014
Posts: 310
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Quote:
Originally Posted by fmazur
Looks a bit better than nothing. 473 mares covered, yearling sold for $325k and all this before any hit the track.
California Chrome's initial stud fee was set at $40,000, making him the co-second-highest-priced new stallion for 2017.
California Chrome's first reported foal, a colt out of the mare Pay the Man, was foaled on January 20, 2018. His first crop will be of racing age in 2020. By 2019, he had bred a total of 473 mares and his first crop of yearlings sold at auction, the highest-priced selling for $325,000.
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So why did they dump him off to Japan, if he had so much appeal in North America?
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12-08-2019, 08:37 PM
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#21
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@TimeformUSfigs
Join Date: Jan 2002
Location: Moore, OK
Posts: 46,829
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Quote:
Originally Posted by Frost king
So why did they dump him off to Japan, if he had so much appeal in North America?
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He was sold, do you know the purchase price? Maybe it was too good to refuse?
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12-08-2019, 09:04 PM
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#22
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Registered User
Join Date: Jan 2003
Location: Henderson, Nevada
Posts: 174
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No sales price mentioned, but it must have been in the many millions. They believe (the new owners) he will be Japans next Sunday Silence. He will end his stud career back in the U. S
The California Chrome Syndicate has reached an agreement with the JS Company LTD. of Japan to purchase California Chrome, subject to all the Japanese government’s quarantine and exportation requirements being met, Taylor Made Stallions announced today. As part of the agreement, the California Chrome Syndicate has the first right of refusal if California Chrome is ever sold, and upon retirement from breeding, he can live out the remainder of his life at Taylor Made. Owners Perry and Denise Martin will continue to participate in California Chrome’s breeding career in Japan.
“We were approached by representatives of the buyer, and being that California Chrome is owned by a 50-share syndicate, the offer was presented to the shareholders for a vote,” said Taylor Made’s Duncan Taylor. “Ultimately, the results were in favor of moving forward with the sale. California Chrome is the best horse we have ever owned, and he will now have the opportunity to have offspring performing in three different countries. California Chrome is a very special horse and means a lot to not only the team members of Taylor Made but to the thousands of fans he has across the country.”
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12-09-2019, 12:23 PM
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#23
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Veteran
Join Date: Mar 2010
Posts: 5,222
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Quote:
Originally Posted by fmazur
No sales price mentioned, but it must have been in the many millions. They believe (the new owners) he will be Japans next Sunday Silence. He will end his stud career back in the U. S
The California Chrome Syndicate has reached an agreement with the JS Company LTD. of Japan to purchase California Chrome, subject to all the Japanese government’s quarantine and exportation requirements being met, Taylor Made Stallions announced today. As part of the agreement, the California Chrome Syndicate has the first right of refusal if California Chrome is ever sold, and upon retirement from breeding, he can live out the remainder of his life at Taylor Made. Owners Perry and Denise Martin will continue to participate in California Chrome’s breeding career in Japan.
“We were approached by representatives of the buyer, and being that California Chrome is owned by a 50-share syndicate, the offer was presented to the shareholders for a vote,” said Taylor Made’s Duncan Taylor. “Ultimately, the results were in favor of moving forward with the sale. California Chrome is the best horse we have ever owned, and he will now have the opportunity to have offspring performing in three different countries. California Chrome is a very special horse and means a lot to not only the team members of Taylor Made but to the thousands of fans he has across the country.”
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It's wishful thinking he'll end up back here. You're talking 15 or 20 years down the road, when the public will have moved on and Taylor Made, if it still exists, will be run by one of the sons, who may or may not care to pay the up-to-$50k to bring back a horse that will only cost them more as they feed and take care of him in his retirement.
I also doubt it was many millions. Maybe a few, if that. The only way they'd have sold is if they thought he'd run his course, they've gotten the majority of the stud fees out of him, so they took whatever the Japanese farm offered as the cherry on top.
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