HORSEPLOP.COM
General Category => Harness Racing => Topic started by: SeattleSlew on November 01, 2024, 07:17:49 AM
-
That is a lot of coin for a standardbred. 140 stud fees/year for 9 years (just as an example, till he is 19), works out to a stream of 9 $7mm payments. If you discount that at 6% you wind up with about $50 million present value.
-
This had to be decided before Walners terrible showing last Sat at the Breeders Crown..
3 year old fillies, 2 starters finished 5 th and 10 th
3 year old colts , one starter finished 3 rd.
FRIDAY , the 2 year olds
Fillies, 2 starters finished 5 th and 10 th.
Colts 1 starter finished 3 rd.
Big highlight of the year was his owner paying $900,00 + at the Lexington sale
“To support him”….
CHAPTER 7 Is STILL KING OF THE HILL.
-
It's his money. He can do whatever he wants with it. I wish I owned Walner. I think he's done the owner well.
-
One, I don't buy into the mathematical formulas to arrive at net worth. I don't know how many he's breeding a year on the shares vs. seasons, and I don't know if the number is 100, 120, or 140, but the farm is breeding on their own dime. The variables can be whatever we want them to be, LOL. Regardless, money and math are two very different things. Two, one night of the BC is not going to cause such a drastic shift. It still comes down to how much his yearlings are selling for----the commercial breeders and their ROI.
-
Random numbers
- 51 Walner’s sold at Lexington for an average of $175,216. 7 of the 51 sold for less than $50k
- In 2023 53 Walner’s took a record. Of those 51 - 20 made more than $50k
- YTD 2024 44 Walker’s have taken a record and 12 have made more than $50k
-
Random numbers
- 51 Walner’s sold at Lexington for an average of $175,216. 7 of the 51 sold for less than $50k
- In 2023 53 Walner’s took a record. Of those 51 - 20 made more than $50k
- YTD 2024 44 Walker’s have taken a record and 12 have made more than $50k
Strong #'s! I know people look at averages, medians, etc., and they can be distorted. But that's a big number, 51, and a 175k average is very strong. Thanks for posting this.
-
Most of the shares are owned by major breeders, there are no breedings really available. So this benefits the breeders to make it seem Walners yearlings are worth more or in the rare instances the breedings are sold. They are creating an artificial market place and trying toset the entire breeding market higher. So the 50k price is bs in a way.
-
Very true
if the stud fee is $50 k some buyers factor that into their equation of how much top spend
oh, i got a great deal buying a walner for $100k , hell the stud fee on its own is $50 k
as you correctly say the majority of breedings are held internally so very few actually change hands at all for any price
-
Random numbers
- 51 Walner’s sold at Lexington for an average of $175,216. 7 of the 51 sold for less than $50k
- In 2023 53 Walner’s took a record. Of those 51 - 20 made more than $50k
- YTD 2024 44 Walker’s have taken a record and 12 have made more than $50k
Records don’t pay bills !!!
-
Very true
if the stud fee is $50 k some buyers factor that into their equation of how much top spend
oh, i got a great deal buying a walner for $100k , hell the stud fee on its own is $50 k
as you correctly say the majority of breedings are held internally so very few actually change hands at all for any price
Right! Then they can tell you Gimpanzee or Karl are a bargain at 25K. They are creating a fake market.. I also think the Breeders have got The Red Mile to be a little less then a mile like Northfield was a year ago. Fake fast times help to inflate prices.
-
Right! Then they can tell you Gimpanzee or Karl are a bargain at 25K. They are creating a fake market.. I also think the Breeders have got The Red Mile to be a little less then a mile like Northfield was a year ago. Fake fast times help to inflate prices.
If the 50k stud fee is true, all this means that the big commercial breeders will be exchanging breedings with each other so there will be little if any out-of-pocket capital to be laid out! Also, what little guys will be buying breedings at this price?
-
No one pays list price, especially with a great mare
-
C7 the same rate, both are the top stallions, look at what their top sellers bring at auction