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Originally Posted by Scav
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,
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i'd imagine jess jackson bought them out for what a stud farm would have bought them out for. obviously not the type of numbers you're putting up there-and you also need to recall when the buyout was done-all the risk at that point was on jackson, none on bolton and sanan.
also, stud fees are based on the first few years, when you 'get out' on a horse. you're seriously telling me that a stud horse makes 200 million in ten years?
also, could you name one proven sire by smart strike?