Did IEAH actually get $50 million for Big Brown?

[Strategic Mission]

Does anyone know if this is a real number and how the deal was structured? It is hard to believe anything IEAH says.

If they really got $50M for the horse than I see no way Clay would have made a deal that doesn't allow them to determine if the horse keeps running.

If Big Brown were to run another similar race in the Travers or Haskell I think you would have a hard time getting people to pay even $20K to breed to the horse, especially considering he comes out of the Dutrow barn.

[The Bid]

The real number...They got 5 million for 10 percent of the horse so they value him at 50. Nothing they say is true

[Strategic Mission]

Originally Posted by The Bid

The real number...They got 5 million for 10 percent of the horse so they value him at 50. Nothing they say is true

That is quite a big difference. Basically they got enough money to help pay the insurance to keep him racing or to offset the cost of Court Vision.

[Antitrust32]

Originally Posted by Strategic Mission

That is quite a big difference. Basically they got enough money to help pay the insurance to keep him racing or to offset the cost of Court Vision.

LOL

[The Bid]

Court Vision, Pure Clan, Frost Giant, you can apply the 5 million to offset them as well

[Scav]

How does that work, 10% of the breeding rights, or 10% of the horse period.....The whole breeding game is pretty intense from a contractual standpoint