http://www.teamvalor.com/news/mar2012/ak0314.pdf
Bad news: out 90 days. Good news: not the same injury as the Belmont. We could conceivably see him run in the Dubai World Cup next year if he's on his game enough in the fall.
If he does retire in September, it'd be kind of annoying for Barry to just sell him straight to Japan or Europe. Yeah, I get that it's a business, but you'd think they'd try to stand him in the US before looking overseas.