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At $20,000 a pop, he bred 140 markers in 2024 and 137 mares in 2025. They made over $5 million already without a single horse on the track yet!
Please show your work.How did you come up with 5.5 million?
At $20,000 a pop, he bred 140 mares in 2024 and 137 mares in 2025. They made over $5.5 million already without a single horse on the track yet!
Mares bred and live foals are two different numbers. Only get paid on live foals. Still doing alright.
Are you serious? Multiply 277 mares bred by the $20,000 stud fee per breeding. See what you get.
Yes I am serious.Stud fees are paid on life foals only. (Stand and suck)Not all mares bred get in foal.Not all mares carry to term.Not all mares deliver a live foal.Of the 140 mares bred in 2024 to foal in 2025, there has of today only been 104 registrations. There will most likely be a few late registrations, but not many.Sometimes a top driver is given a free breeding(s).Sometimes the trainer is given a free breeding(s).Confederate is owned by "The Confederate Syndicate".Each syndicate member is allowed so many breedings per share. He may use them on his own mares or make deals with them.After breeding many mares, for many years, and at several farms, I have found that the advertised stud fee is just like the dealer sticker on a car. Only a starting point.
After breeding many mares, for many years, and at several farms, I have found that the advertised stud fee is just like the dealer sticker on a car. Only a starting point.
The majority of Confederate's first crop of (live) foals were NOT paid stud fees. They were mares bred from share owners. If a share owner sells a season (and can't or doesn't "pool" it), he/she collects the money. Not the farm. Now, who got the money from the sale of the shares? Good luck figuring that out, LOL.