The fact is that many breeders nominate "moderately" bred individuals to the program because of the stakes opportunities. Many of these type horses (based on pedigree and foal conformation) are not considered likely to ever run in "the big day" of racing but could find their way into some of the supplemented stakes. I hear that breeders in this category are far less likely to nominate foals as a result of this change.
BCL doesn't care now, but if enough withhold nominations it ads up. Also, they have the possibility of getting huge supplementals if any of those moderate horses end up contenders for BC day races.
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RIP Monroe.
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