Big Brown Economics
The best guess is that even with his modest pedigree (by Boundary out of Mien) and short career, Big Brown will command $125,000 to $150,000 for the first two years, maybe more. This assures that 2011 and 2012 yearling sales will be flooded with 60 to 70 yearlings by an unproven sire. Yet these babies will need to average $300,000 to $450,000 to be considered profitable in a sport where hardly any racehorses ever earn that money.
The marketplace, hardly reasonable ...
Posted by JC, May 31, 2008 01:22 PM
Comments
Posted by EJXD2, May 31, 2008 03:44 PM
I'd love to see the books on Smarty Jones.
He's yet to have a starter or any of his babies sell at a two-year-old sale this year.
His yearling average was OK, but he lacked a star horse.
Heck, I'd like to see the books at Three Chimneys: Silver Charm, Point Given, Sky Mesa, and Smarty Jones haven't exactly set the world on fire the past ten years.