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Originally Posted by Danzig
i think jess jackson is an old man who would rather have a horse with an earnings record and a legacy to build then wonder 'what if' on his death bed. as for the plaintiffs and midnight cry, i think that's only a small part of the issue. i think bolton and sanan took the money and ran, as it's the same money they'd have gotten with any stud deal. no risk involved.
as for the 20%-the plaintiffs can only touch midnight cry's portion-jackson won't get the other 20% anyway, why would he care who did?
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Are you out of your mind in regards to the same amount via a stud deal? Do you realize how much horses make at stud, lets say he stands for 100k to start, and covers 200 mares, all realistic numbers, that is 20 million, IN HIS FIRST YEAR, and lets say he can cover mares for 10 years, that is 200 million, that is 50 million just for 25%, do you realistically think they were bought out for 50 million? And what happens if he turns into a 250k stallion, thus numbers increase by 2.5.....
20% of 200 million is 40 million, 20% of 10 million is 2 million for these plantiffs,