IEAH buys 50% of I Want Revenge

[slotdirt]

Just reading this, and...NOOOOOOO!!!!

[Bobby Fischer]

I was worried when I saw this thread that they would take Talamo off and switch to Prado and Bobby Frankel

[Riot]

People with ready big money have been trying to buy a Kentucky Derby win for a long time, right up to post time.

I don't recall folks dissing Pegram and Baffert when they started out. The other big buyers of the 1980's. People who appeared on the scene with freeflowing money, and vowed to be in the Derby winners circle in a year or two, buying up all the most promising stock.

Heck, those folks contributed alot to keeping the horse world financially sound. Longtime breeders before that sold their best Derby prospects unemotionally for the cold hard cash all the time, too.

IEAH is far from being the first to go this route.

Sure, I root hardest for the small guys, the regular horsemen, the hardworking day in and day out guys who have been in the sport forever, and don't have freeflowing cash to help them out. I root for them to hit the dream.

But I don't care about IEAH buying up parts of Derby trail horses, especially when the owners of those horses are choosing to sell off part of that dream, rather than keep it solely for themselves.

Congrats to the owner, congrats to IEAH, good luck with it, because everyone knows the odds are against you.

IEAH promises their investors a ride at the big show, at the highest levels, and they apparently deliver to their clients. Obviously easier to buy into that level, if you are a racing club, than try and develop it yourself from 40 yearlings.

Some people root for teams in sport. Some can't seem to enjoy sports unless they have an evil villain team to hate and root against.

I am sorry to see horse racing more noticably go that way. Less classy, and less fun, IMO, to root against someone, than root for someone.

[Riot]

Originally Posted by DaHoss9698

Well, have Steve repost the post he deleted

[Riot]

I have no idea what you are talking about,

Steve wrote an opinioned "opposite view, old-school" type of post, but chose to take it down (I thought it was good).

Essentially I think people are tired of seeing IEAH in their face. When IEAh is involved it becomes more about them or the trainer, than the actual horse. This may or may not be directly their fault, but they certainly don't shy away from the spotlight. I know as an industry we're desperate for attention from the mainstream media and the IEAH guys are great at marketing.

Horse Society Magazine is about people, too. Maybe that's what the current young generation of fans wants?

I guess if you want Derby trail emphasis on the horses, you have to stick with Haskin

Or do what I'm lucky enough to do, spend the early morning this am over at Keeneland ...

[tjfla]

Does this mean we can count "I Want Revenge" as a Def Toss LOL

[ELA]

Did they announce this yet? From what I hear it's a done deal. Very nice piece of business for the seller. Perfect timing, perfedt way to take money, large money, off the table and most of all control the horse.

Eric

[Merlinsky]

Originally Posted by Riot

I don't recall folks dissing Pegram and Baffert when they started out.

Pegram and Baffert, they started with cheaper stock as I recall too. I know horses like Real Quiet were dirt cheap for $17,000. Shall we ask Bob why he'd get Mike to buy his way into the Derby with a horse Baffert nicknamed "the Fish" when even up til Derby dfay he expected Indian Charlie to be his boy that year? No $5 mil for a TC prospect off of a maiden romp for a stallion prospect. If anything, folks dissed Baffert because he was a hotshot California "dude" and Pegram got eye rolls for naming horses things like Isitingood. If Pegram bought a horse for the Derby this week I wouldn't care. In fact I'd probably find it interesting to have him joining in. Those guys grew on me, I kinda like'em now. Pegram's into Ronald McDonald House.

I realize the IEAH boys are doing stuff for charity too but geez, do they have to buy every horse in town, and grab another when one doesn't pan out? It tells me they need to do a better job picking. It's not like they're all getting hurt. They just end up not being good enough. Every other week "IEAH buys...." Ugh. What are they going to do with them in the end? They can breed Stardom Bound to Big Brown like they said, but I think Patena would object to that. He was a cutie, I hope he does well.

[NTamm1215]

To compare Baffert and Pegram's quest for a Derby to IEAH buying a candidate at the 11th hour is wrong. There's a HUGE difference between buying a horse at auction and bringing them forward from Day 1 and buying a graded stakes winner in late March.

NT

[Scav]

I see no issue with these bozos dropping large amounts of money on horses at the 11th hour. Most of the time they are being bought from horse people, people that would throw that money back into the industry anyways. I agree they are douchnozzles but what can be wrong with them overpaying for horseflesh to people that 9 times out of 10 are going to put it back into the industry, or already put that much into the industry.

[dellinger63]

Originally Posted by NTamm1215

To compare Baffert and Pegram's quest for a Derby to IEAH buying a candidate at the 11th hour is wrong. There's a HUGE difference between buying a horse at auction and bringing them forward from Day 1 and buying a graded stakes winner in late March.

NT

Baffert-Ahmed bin Salman much closer

[Merlinsky]

Originally Posted by dellinger63

Baffert-Ahmed bin Salman much closer

Exactly. Only thing was he didn't do that half a dozen times. Salman did that War Emblem thing the one time. Others like Point Given he bought much sooner.

[NTamm1215]

Originally Posted by Scav

I see no issue with these bozos dropping large amounts of money on horses at the 11th hour. Most of the time they are being bought from horse people, people that would throw that money back into the industry anyways. I agree they are douchnozzles but what can be wrong with them overpaying for horseflesh to people that 9 times out of 10 are going to put it back into the industry, or already put that much into the industry.

I completely agree and I think most would as well. The thing that makes most people cringe is the thought of Iavarone and the IEAH posse plastered all over the Derby telecast and the entire scene.

No doubt the gigantic prices paid by groups like IEAH and Godolphin have changed lives in a very positive way. That, of course is the flipside to saying, "Greedy b.astards trying to buy their way to the top."

NT

[dellinger63]

we get to see the kids cry again

[-BT-]

Originally Posted by Merlinsky

I don't care if he makes a $5 profit or a $50 mil profit, that's not the point. I just get annoyed that every time a horse shows he might have talent (might being the operative word), from a sharp maiden performance to a nice prep score, IEAH or Godolphin has to buy them. At the rate they're going, they might as well offer the two groups a co-sponsorship deal for the Derby and give them each 10 slots to run horses in.

i agree...as soon as IEAH got the taste of fame w/ the 3YO's last year in big brown its like he refuses to go to the prom empty handed EVER again. Good for the owners, i hope they overcharge the hell out of IEAH, just for the right to retain a 25% share in a horse, hope the current owners like the lime light, b/c there will no shortage of it wants ivarone and the boys get the camera on him

[the_fat_man]

Originally Posted by Merlinsky

Exactly. Only thing was he didn't do that half a dozen times. Salman did that War Emblem thing the one time. Others like Point Given he bought much sooner.

I could be wrong but I believe he DROPPED DEAD later that year; so we'll never know if it was a 'one time' thing. I'm thinking he might've gone back for more the next year.

You know how it is: if you don't HAVE a BIG DICK, you get an IMPLANT (cause you just need the biggest one around).

This is the way to go these days: from the Yankees, to the Sheiks and IEAH.

[Merlinsky]

Originally Posted by the_fat_man

I could be wrong but I believe he DROPPED DEAD later that year; so we'll never know if it was a 'one time' thing. I'm thinking he might've gone back for more the next year.

Well considering he was hardly a newbie, I'd say he tended not to do that and there was a particular reason he got Derby crazy beyond the norm--he thought he had a TC winner (as did a lot of people waiting for the anointed one to simply start the 3 races on his way to Secretariat, Jr. status) who had a weird flop just prior and in that race of all things. Since he then had a Derby winner in War Emblem when Point Given didn't get it done, he probably got the 'gotta win one right now dammit' out of his system. Couldn't prove it but then again, don't have to. The only person I need to convince is me and I'm sold. I'm sure he'd like to've won another but his catharsis was taken care of.