Spreadsheet shows all yearlings average return

[AgentQ]

Brandon Blvd as a stallion....yes.. .sure

(150) Mares @ $5000 or $7000

70% get in foal approx so say 105 x 5k/7k

so that is $500K Annually a year out ..

Deduct that from the $11,000,000 ....

The interest on $11,000,000 is almost $500K


Soon they will have 50-100 horses in the stable...

costing $30-100k Monthly..

When u have $500 mil it really doesnt matter

Race for the glory and buy $500,$600 $800 K yearlings

soon the bottom line on inventory will be $20 Million

then $30 Million..

Virtually impossible to recoup these types of numbers

in this Industry...

and they have done well in my opinion..

Very tough game to show a profit for the owner

It is more entertainment for the rich and always has been.

The public has left the building years ago...

The aging demographic speaks volumes..

The young crowd has little interest in any racing beyond

the Kentucky Derby and Belmont....

Most have never heard of the Little Brown Jug or

The Metro Pace..

The yearling market is exciting but a relatively

small group of say 100-125 "Buyers" buy 80%

of the Yearlings...with their stakes payments keeping

the races going.

The sport is characterized by dwindling crowds,

and the honest trainers being forced out by the cheaters

that have become so prevalent in the sport..

Not sure where we are headed...but there could be

trouble on the horizon when decoupling is passed.

Do you have any idea how many 200K plus horses they have eaten?? I know of five totally millions and no doubt there are about 20 more that never made a dollar. They will lose ten of millions over the next decade regardless if they trip over a stallion. They obviously have it to blow so good for them. And Andrew and his team. You think myron bell hasn't cost a bunch of wealthy guys tens of millions? How about Anthony---he's lost about 500K just in the past year buying five off Burke. The only people that make any money are the shrewd trainers who seek value at the yearling sales, develop those horses and then sell at the absolute best time to the bigger groups or Pollacks of the world.

[Brown jug]

speaking of ooppsies
captain underhand for sale, cost $275 k for some unknown reason
just one in a long line of failures  from that group recently

[Kenny]

kenny please stop, you are killing me
like the small amount that goes to harness racing is going to make a difference to a country with 350 million people  that is $36 trillion in debt
just enjoy he business/hobby

Small amount??? BILLIONS is not a small amount.

1. The Philadelphia Inquirer: "1,400 dead horses, a fading sport, and huge subsidies"

2. The Pittsburgh Post-Gazette Editorial: "Pennsylvania doesn’t need to spend $200 million on horse racing"

Students or horses? Education advocates want to repurpose Pa.’s generous horse-racing subsidy

https://edvoterspa.org/2021/06/eight-out-of-ten-pennsylvanians-favor-ending-horse-racing-subsidies-large-majority-supports-redirecting-funds-to-college-scholarships/

https://www.thecentersquare.com/pennsylvania/article_ebbff7e3-3616-5466-b7a6-5c88d91b29b2.html

https://edvoterspa.org/2021/06/eight-out-of-ten-pennsylvanians-favor-ending-horse-racing-subsidies-large-majority-supports-redirecting-funds-to-college-scholarships/

https://actionnetwork.org/letters/tell-pa-lawmakers-oppose-additional-handouts-to-the-horse-racing-industry