Godolphin/Darley liquidation sales

[Seattleallstar]

does anyone know how much they actually sell the well bred expensive rejects? Ive heard its literally pennies on the dollar. I also find it funny the geld all of the colts, I mean cant they workout something with breeding rights should the horse turn out to be something? or is it just pride getting in the way because their horse evaluation skills would be called into question.