Off to Korea

I am not saying they are getting handed free seasons to these elite mares. But likely discounted. Perhaps they have nothing to gain but if they agree to recoup some costs elsewhere… sales profit… etc. there are certainly agreements made to accommodate certain ownership scenarios.

Cinco Charlie is the only stallion in their lineup of any program who’s stud fee is the same as his program fee. All other stallions in both programs are elevated in order to be a member of the program.

So how much do we think Beholder is paying to be covered by Uncle Mo?

Well she’s not paying anything [giggle]

That one might be hard to quantify because not only is she who she is but Hughes has so many equine resources, I can see him paying for things in swaps (Malibu Moon for example).

But I think that the only thing that being Beholder bought Hughes is that Ashford found space for him in the bursting at the seams book. However Ashford doesn’t need Beholder to be a feather in Mo’s cap. He’s doing that all by himself.

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Frankly, what difference would it make what Beholder’s owner paid to have her covered by Uncle Mo?

I am not a pedigree follower so can’t make any statements about the quality of Beholder’s pedigree or who might have been a better match. But she, in her own right, is a very nice mare with an excellent G1 race record. We have no idea what she’ll be able to produce. Why not start with “the best” and work from there. I do believe in breeding the best to the best and hope for the best (nb: the “best” may be relative to the mare owner’s pocket book as well).

Who knows what goes on behind stall doors. Sometimes the information leaks out or is semi-obvious and sometimes it is private.

If anyone signs a contract, particularly with respect to breeding, without reading and understanding what it entails, they get what they deserve.

No one makes mare owners sign Share The Upside or Breed Secure or any other farm’s contract.

Spendthrift has another Indian Charlie son, Liaison, who just got his first winner in a maiden special weight. Liaison is a Breed Secure program stallion. We’ll see what he produces in the future :slight_smile:

Spendthrift now sends Paddy O’Prado to Turkey

and Corinthian is also going to Turkey from Pennsylvania

both are going to Evicmen Harasi, a farm east of Kemalpasa, Turkey

A bit more detail from the BH article on Paddy O’Prado which makes it sound like mare owners aren’t quite as screwed as perhaps it’s been made out to be. Certainly not ideal but IMO any mare owner who expects that Spendthrift holds on to any current or past Share The Upside stallion while perhaps cycling out non-program stallions needs their head examined :slight_smile:

Spendthrift, as with Archarcharch and Tizway, as a right of first refusal to buy back Paddy O’Prado when his breeding career is over.

Pin Oak Lane Farm in PA owned Corinthian.

The 10-year-old son of El Prado—Fun House, by Prized, entered stud as part of Spendthrift Farm’s “Share the Upside” program, which allows a breeder the opportunity to earn a lifetime breeding right after getting two foals by the stallion and paying off the stud fees.

Paddy O’Prado is the third Spendthrift stallion in the past several weeks to be sold to an overseas farm, with both Tizway and Archarcharch relocating to South Korea. In all three incidences the acquiring farm is required to honor all the lifetime breeding rights, according to Spendthrift general manager Ned Toffey. Toffey acknowledged, however, that such arrangements aren’t beneficial to American breeders.

“With our breeders, we’ll let them breed back to something here of comparable value,” Toffey said. “There is no obligation on our part, and breeders understand they don’t own an equity position in these stallions, but we work with our breeders even if the horse has shipped to another state.”

Perhaps but that old saying “they’ll tell you what you want to hear” has been running rampant around this organization. I truly do hope they provide these breeders with another option but I don’t think its going to be cut and dry, pick something in the lineup that is of equal value and you breed to it for free. These breeders own no equity in the stallions so when they are sold, you can be SOL. But again, I do hope they get an option and it doesn’t have strings attached.

I guess I don’t see what the issue is.

A copy of the contract wasn’t online that I could find to confirm but I suspect that it is very clear that the MO does not own any part of the stallion; that Spendthrift has the right to sell the stallion at any time; Spendthrift honors the lifetime breeding rights.

If someone signs this contract without understanding it, they get what they deserve. A MO doesn’t have to use this contract, one can simply pay for a single season stud fee.

Considering the strength of your many derogatory remarks I would be curious to know how much time you’ve spent around “this organization”. How much business you’ve done with them. How many contracts you’ve signed. Are you speaking from experience or just throwing s**t out there that you think makes you sound smart?

Because I’ve done a fair amount of business with Spendthrift and I have never found them to be anything other than honest, upright, and transparent to deal with.

Really OP, unless you can back up your barrage of insults with facts, enough is enough.

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Amen @LaurieB !!! :applause:

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“These breeders” tend not to be the idiots that you assume them to be. :wink:

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