Terrapin Flyer,
He does still own the mare and you make a good point. I am also dumfounded why he wouldn't take a shot with his own money. At his age and with his experience and his likely financial stability, I would think the money would take a back seat to the opportunity to race in the Breeders Cup considering it's a once in a lifetime opportunity and so few have the chance. If he was a young and struggling trainer, it may make more sense to skip the BC. He should watch the movie, Good Will Hunting, for some inspiration. Will Hunting was also"...sitting on a winning lottery ticket and to scared to cash it in!". I believe the experience of a Breeders Cup race would be something money could not buy.
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Interesting thread. I think the "selective" concept Terrapin alluded to is probably the way to go. I used to nominate all foals from my small operation; then I stopped nominating. Now I have one my trainer is as high as a kite on. Probably should have nominated. But Breeders Cup is like hitting the lottery. If Leatherbury believes in his horse he should pay the fee without complaint. He didn't nominate or bought the horse with knowledge that he wasn't nominated. He knows the game.
The Breeders Cup and perhaps they do should have some sort of late nomination fee schedule for unraced, winners and stakes winners.
The Breeders Cup and perhaps they do should have some sort of late nomination fee schedule for unraced, winners and stakes winners.
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it really doesn't make sense when compared to the triple crown nominations.zinn21 wrote:Interesting thread. I think the "selective" concept Terrapin alluded to is probably the way to go. I used to nominate all foals from my small operation; then I stopped nominating. Now I have one my trainer is as high as a kite on. Probably should have nominated. But Breeders Cup is like hitting the lottery. If Leatherbury believes in his horse he should pay the fee without complaint. He didn't nominate or bought the horse with knowledge that he wasn't nominated. He knows the game.
The Breeders Cup and perhaps they do should have some sort of late nomination fee schedule for unraced, winners and stakes winners.
If you have a promising 2YO that breaks his maiden pretty easily and you throw him in allowance company in January and he wins again, pretty easily, and hell, even then in February, you throw him in a graded stakes just to test the water, and he wins the race.. you can still pay a small (few thousand dollar) fee if i am not mistaken.
The only time you have to pay the huge fee Rachel paid, is when you missed the last deadline, which is like the end of march or something like that, and you still want to get in the race.
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Terrapin Flyer
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We used to nominate a few. Then the BC lowered their contribution to enhance the purse of local stakes races. Then last year they dropped the stakes program altogether.
Why the heck would I nominate? I know that I will not get a horse of BC-caliber. Unless they keep adding races and finally add one for $10k claimers. We don't race elsewhere.
The best horse we ever had was NOT BC-nominated and he missed out on about $40k in extra purse money in the local stakes. Not a huge deal.
I am very disillusioned with the BC right now with all the changes they are trying to make (but mainly for DROPPING THE STAKES PROGRAM.) I can put that $500 bucks to much better use (like nominating the horse to the LOCAL stakes series, in which my horse may actually compete.)
Why the heck would I nominate? I know that I will not get a horse of BC-caliber. Unless they keep adding races and finally add one for $10k claimers. We don't race elsewhere.
The best horse we ever had was NOT BC-nominated and he missed out on about $40k in extra purse money in the local stakes. Not a huge deal.
I am very disillusioned with the BC right now with all the changes they are trying to make (but mainly for DROPPING THE STAKES PROGRAM.) I can put that $500 bucks to much better use (like nominating the horse to the LOCAL stakes series, in which my horse may actually compete.)
It's not worth nominating every single foal you breed your entire life for a 1 in a thousand shot.. Murphy's Law will tell you it is the runty, sick, small, crooked, cross eyed foal that will be a stakes winner anyway.
Its the BREEDERS CUP. It is something breeders should inspire to achieve with their stock but there is a certain level of the game that plays that high. A smaller regional breeder who doesnt have a BC supported state-bred program may not find it appealing.
Its the BREEDERS CUP. It is something breeders should inspire to achieve with their stock but there is a certain level of the game that plays that high. A smaller regional breeder who doesnt have a BC supported state-bred program may not find it appealing.
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The Breeders Cup rules were very clear in the beginning: breeders had better pay the $500 fee, or it was going to cost the future owner a lot of money later. That's what made a Breeders Cup nominated foal more valuable at auction, and made consignors who sold BC-nominated horses a better bet. So now King owns a horse that isn't nominated, and the horse seems like he belongs in that company. Well, there's a remedy: PAY THE SUPPLEMENTAL. If he doesn't care to pay that, he doesn't run! Simple. This is King's choice. Asking someone else to pay the supplemental fee is childish.
John Henry's owners faced the same situation in the first BC. They diddled around, asked Hollywood to pay the fee, finally came to the conclusion that no one would pay it but themselves, paid up, and he had to scratch within hours. It seemed like karma to me.
John Henry's owners faced the same situation in the first BC. They diddled around, asked Hollywood to pay the fee, finally came to the conclusion that no one would pay it but themselves, paid up, and he had to scratch within hours. It seemed like karma to me.
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that' what i am saying, Jeff siegal is insinuating that the BC actually paid his fee. He said verbatim on HrTV 2 days ago that he basically went to the BC and said "you need me more than i need you" and the thought of running the BC without John Henry, the first BC was just too much and they (breeders cup) paid it.majxmom wrote:The Breeders Cup rules were very clear in the beginning: breeders had better pay the $500 fee, or it was going to cost the future owner a lot of money later. That's what made a Breeders Cup nominated foal more valuable at auction, and made consignors who sold BC-nominated horses a better bet. So now King owns a horse that isn't nominated, and the horse seems like he belongs in that company. Well, there's a remedy: PAY THE SUPPLEMENTAL. If he doesn't care to pay that, he doesn't run! Simple. This is King's choice. Asking someone else to pay the supplemental fee is childish.
John Henry's owners faced the same situation in the first BC. They diddled around, asked Hollywood to pay the fee, finally came to the conclusion that no one would pay it but themselves, paid up, and he had to scratch within hours. It seemed like karma to me.
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Terrapin Flyer
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There is nothing to knock Leatherbury about; he is just playing it smart. He probably could put his own money up but it wouldn't be very smart. Leatherbury is a handicapper (not a great trainer as someone has said - King even admits it), so he is playing the odds and wanting to spread the risk if he enters the horse. There are plenty of people with more money than brains that will put the $ up in hopes of getting their picture in the win circle and possibly on TV, King knows it. Smart people look for win - win situations - King is being smart.