I'll Have Another from the horse's mouth: Reddam's Bloodhorse guest blog

[Merlinsky]

http://cs.bloodhorse.com/blogs/horse...uest-blog.aspx

Reddam lays out his thought process and the sale numbers for us. He wasn't kidding when he said the Japanese offered a lot more. I agree with his assessment of the stud fee and book quality. Part of that logic goes back to having access to Flower Alley and his sire so it just wasn't going to go a lot higher. Hopefully if IHA does take off with his better book of Japanese mares, Reddam will have gotten those in utero CA bred IHA foals early on so he won't have to pay as much.

[Indian Charlie]

That was pretty well written. I'd never have guessed that a loan shark type would be such a good writer.

[goingtothewhip]

He was a philosophy professor at UCLA before he put money out on the street.

http://en.wikipedia.org/wiki/J._Paul_Reddam

[Calzone Lord]

Bodemeister's rights sold for $13 million in America. I'll Have Another's best offer in America was less than $5 million.

The consensus on message boards and with a few other media types who weighed in before the Preakness was that IHA was the more valuable stallion prospect and would be a lot more so if he completed the triple crown sweep. I was shocked about that.

[blackthroatedwind]

Originally Posted by Calzone Lord

Bodemeister's rights sold for $13 million in America. I'll Have Another's best offer in America was less than $5 million.

The consensus on message boards and with a few other media types who weighed in before the Preakness was that IHA was the more valuable stallion prospect and would be a lot more so if he completed the triple crown sweep. I was shocked about that.

You were shocked that people on message boards could get something completely backwards? Really?

[Danzig]

Originally Posted by Calzone Lord

Bodemeister's rights sold for $13 million in America. I'll Have Another's best offer in America was less than $5 million.

The consensus on message boards and with a few other media types who weighed in before the Preakness was that IHA was the more valuable stallion prospect and would be a lot more so if he completed the triple crown sweep. I was shocked about that.

i only thought he would command more if he won the tc because of the novelty of the situation. he's certainly not as well bred as bodemeister, his sale price indicated issues, and he wasn't sound.

[Thoroughbred Fan]

IHA's biggest issues are that his sire is still so young and so cheap.

On the first part, his sire is still young available and diminishes the value of IHA's blood here.

The second part is while we all wish horses would come back as a 4 yo, Flower Alley would have been worth 3x at stud had he retired as a 3yo after being second in the BCC.

Shame as IHA could be any kind of stallion, but I don't blame Reddam for the decision.

[HaloWishingwell]

Originally Posted by Danzig

i only thought he would command more if he won the tc because of the novelty of the situation. he's certainly not as well bred as bodemeister, his sale price indicated issues, and he wasn't sound.

that was my thought as well

[Indian Charlie]

Originally Posted by goingtothewhip

He was a philosophy professor at UCLA before he put money out on the street.

http://en.wikipedia.org/wiki/J._Paul_Reddam

Cal State LA actually. Pretty surprising nonetheless.