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Originally Posted by Danzig188
syndication deals will only go as high as the breeder thinks he can recoup in a couple years time....that's why fupeg and some others shuttle. ya gotta cover as many mares as fast as possible while the honeymoon lasts, and before the foals start hitting the ground, going to sales, and then running. plus, you have a 'bubble' period, between the first flush of excitement when a hyped horse retires and gets a lot of attention, and when his foals start running and (hopefully) winning....many horses see a reduction in the fee to keep interest, and compete with new retirees.
BUT they hope the babies can win, and thus bring about more hype....
fupeg was in the 60's in syndication fees, they had to get that money back ASAP in case he tanked...
smarty was in the '30s--no doubt the resistance by the owners to shuttling hurt his initial syndication.
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Exactly. Thats my point. Generally three year olds are going to be much more hyped than older horses regardless of Eclipse awards. Thats why i say the award affects the syndication value of older horses more so than three year olds.