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Triple Crown 2009: A Commercial Bust?

At first glance, this year's Triple Crown looks like a big bust for the commercial Thoroughbred business. The winner of the Kentucky Derby Presented by Yum! Brands (gr. I) was Mine That Bird, a small gelding, which didn't have the straightest legs and sold for $9,500 at public auction as a weanling. The winner of the BlackBerry Preakness Stakes  (gr. I) was Rachel Alexandra, a filly that never went through a sale ring.

 

Neither is a top stallion prospect or a million-dollar yearling. But that's not necessarily a bad thing.

 

At a time when the economy is in tatters and many horse buyers probably want to be more frugal, Mine That Bird's Run for the Roses triumph sends an encouraging message that success on the racetrack can be accomplished with a modestly-priced Thoroughbred that was no beauty contest winner.

 

And while Rachel Alexandra was never sold at public auction, she is a reminder that fillies, which generally don't bring as much at the sales as colts, can compete in the sport's biggest races and win while attracting a whole lot of attention from the press and fans.

 

Besides, does the Thoroughbred business have a great need for another new stallion? In my opinion, a gelding that could potentially race for a long time and create excitement for the sport is the better option. By generating enthusiasm for racing, Mine That Bird could attract new owners who are interested in buying horses.

 

The bottom line: Thoroughbred breeders probably would benefit more from an increased number of shoppers at the sales than they would from one more stallion in an already crowded breeding shed.

 

 

31 Comments:

I don't have anything intelligent to add to this article, but I did want to be first to comment.  I can say, however, that I tend to attend the Belmont only when the triple crown is on the line.  I've also been part owner with three different horses.  I think cocaine would be a cheaper habit.

Ted from LA 03 Jun 2009 10:42 AM

Amen!

Marcia 03 Jun 2009 11:05 AM

Not to mention the boost it gives Birdstone and Medaglia D'0ro as commercially attractive sires.

Cgriff 03 Jun 2009 11:29 AM

I agree with your assessment. MTB and RA are exciting horses, and MTB could be around for a while, like a John Henry. I think these types of horses are good for the industry. I like what Jess Jackson did with Curlin as well, racing him at 4. Too bad that they whisked away Street Sense, Hard Spun, and Any Given Saturday to become stallions before they were given a chance to build a legacy like Curlin's. Hopefully, Jackson will let RA race at 4 as long as she's healthy.

shuttleworth 03 Jun 2009 11:37 AM

I agree, way too many stallions. It's heartbreaking to see that they are basically looked at as money making machines. When I watched the show on cnbc aout KD and the business of horseracing, it was sad to hear the the owner of Big Brown talk about him not as a horse, but as a money $$$$  bags. "sure his value in stud fee was brought down by his loss in the Belmont, but there's still hope. He should cover 100 to 120 mares a season, and at x amount of $'s per mare he should return xxx $'s per year, so I'm happy".  Times that sentiment by many other owners, &  it's money time, so as a result the other potentially fine horses male or female are always overlooked.

sweet terchi 03 Jun 2009 11:39 AM

MTB is nothing more than a fluke. He won't win another race this year. New owners would only be fooling themselves to believe it could happen to them.

RA on the other hand is a great story. The best fillies can compete with the boys especially in a weak year like this or in an even weaker year like last year was.

draynay 03 Jun 2009 11:56 AM

When my Bird and Pio came thundering past me at the Churchill rail, one of my first thoughts                                                                           was, thank goodness for geldings.  The potential for seeing the Derby winner around for a decade left me positively joyful.  Shades of Evening Attire and Perfect Drift, two of my long-time favorites.  Wonderful geldings!

EMD 03 Jun 2009 12:25 PM

I agree racing has an hug opportunity to create years of excitement for the sport with Mind That Bird.  

Somethingroyal 03 Jun 2009 12:43 PM

We need more geldings, more intact horses staying on the track for more than a year (case in point, It's A Bird), and owners who dare to pit their fillies against the colts and geldings. We need more racetrack stars. We need people who go to the sales to buy racing prospects first and breeding prospects second. We need priorities to change, and this is a good year to show it. All we need is for the Belmont to be won by a horse with a less-than-desirable breeding pedigree, or Mine That Bird, and you're all set to have at least one Triple Crown race winner on the track for years to come.

Justine 03 Jun 2009 12:48 PM

I don't even pay attention until the week before the Derby, half the time.  Why get invested in a horse that will be only a memory by December?

Give me geldings and mares that run and run and run!! I can barely name this decade's Triple Crown race winners, but I can name John Henry (ok, not of this decade), Evening Attire, The Tin Man, Lava Man, With Anticipation, Sky Jack, Perfect Drift and Funny Cide. What do these guys all have in common?  GELDINGS who ran more than three years!  

If we can get away from the "Cha Ching!" mentality, we might just actually get stallion stars, again!

LITTLE GUY BREEDER 03 Jun 2009 1:44 PM

Man the scapels!! Geld them all.

effy 03 Jun 2009 1:56 PM

I guess Todd Pletcher feels he can let charitable man have an easy lead and still catch him.HE must be more worried about Mine That BIRD CLOSING KICK.looks like all the trainers are scared of mine that bird. CHARITABLE MAN IS the FLUKE .

steves 03 Jun 2009 2:32 PM

@Cgriff  

I honestly believe the only reason Jess Jackson raced Curlin as a 4 year old is because there were too many legal issues at the end of his 3 year old campaign and the top stud farms didn't want to get tangle in that mess. Otherwise the 07 Classic would have been Curlin's final race.

As someone already stated Birdstone and Medaglia D'Oro profiles increased, but I think the breeding markets can last one year without a hot 3 year old TC winner entering the stud ranks.

Chris 03 Jun 2009 4:29 PM

I agree that horses should be ran through their 4 year old season if healthy and not tossed in the breeders shed a week or so after the Breeders Cup.  

I also agree that the Derby was not a commercial bust, as it showed both Medaglia D'Oro and Birdstone's breeding ability and if we are lucky the racing public can watch Mine That Bird race through is 4 year old season and beyond.  

silverscrngirl 03 Jun 2009 6:52 PM

I love Mine That Bird and will continue to avidly follow his career, win or lose the Belmont.  I can be in awe of Zenyatta's incredible size and regal bearing (and adore her "dance"); I can totally melt at the magnificence of Rachel or Charitable Man or Summer Bird, etc...but MTB is my kind of horse.  He's smart, he's unexpected, he seems so..accessible.  I believe he has a very long and prosperous career ahead of him.

And I look forward to the day when *everyone* gets his name right. LOL!

It makes perfect sense if you take a look at his pedigree. ;-)

sherpa 03 Jun 2009 11:27 PM

Wow. What a thought. This year, the triple crown was about race horses, and not (near) future stallions that we can whisk to the breeding shed. Are we really witnessing horse racing this year, as compared to soon to be stallion showings we normally get? It has been very refreshing, and I look forward to watching Mine That Bird perform over a long career, and see the superfilly Rachel Alexandra run for a couple years. This is what horse racing is all about, and only a triple crown winner could've made this season more enjoyable.

Jordan S 04 Jun 2009 2:19 AM

I'm going to root for MTB Saturday for 2 reasons:

1.  I like him and think he's a very good and deserving horse.

2.  Just so Draynay can eat crow.  This baffoon ticks off a lot of us with his enduring nonsense! Draynay, if MTB is a "fluke" for not winning the Belmont, was "your" BB a fluke too? I believe so!!! They both won the Derby - not much difference in the Preakness!!!

Now, let's enjoy a good race - except for the Baffoon!

And Draynay, watch out! You might end being called a "Fluke" yourself! Befitting I'd say!

GO MTB!!!!!!!!!!!!

CurlinLover 04 Jun 2009 8:10 AM

Draynay!  Well, well, well!!!!!!!!

You admit last year's colts were weak! That really makes BB's win impressive, doesn't it? Lol!

As many times as you use the word "fluke", you become one yourself in our eyes.

GO MTB!!!!!!!!!!

CurlinLover 04 Jun 2009 9:33 AM

It doesn't seem like our comments are welcome and accepted if we make negative comments about the very offensive and annoying Draynay.  Are you on his side condoning that kind of ludicrous writing while putting down and riduculing the Derby winner?  If, so, that's offensive as well! And sad! Draynay needs to go away from these - otherwise interesting and informative - blogs! He incites only hate and anger.

GO MTB!!!!!!!!!!!

CurlinLover 04 Jun 2009 10:00 AM

GO MTB!!!!!!!!!!!

CurlinLover 04 Jun 2009 11:07 AM

I guess unfair sensorship is at work here - or the blog finished!

CurlinLover 04 Jun 2009 11:15 AM

MTB will win!!!!!!!!!!1

CurlinLover 04 Jun 2009 11:38 AM

To draynay - MTB a fluke! Give me a break!

Case in point: The Legendary John Henry! He didn't get "famous" until he got older. Google him some time! Nobody had to compare him to a mare or filly; he became horse of the decade. End of story.

Why do you all have to bring in RA for comparison?! R2R kicked butt with Curlin at Belmont... did Curlin get a "bad name" because of it? Heck no! Lighten up.

And, don't get me wrong - I adore Rachel, but I don't have to tear down one horse to make her a "better" horse.

judylovesjohnhenry 04 Jun 2009 12:48 PM

Thank you CurlinLover...my sentiments EXACTLY - about MTB and the apparent censorship.

draynay is a sore looser who hates geldings. At least that is the view he puts out.

LACS70 04 Jun 2009 2:27 PM

I am always excited about the triple crown races (and all the others).  But I agree there is too much emphasis on commercial breeding for too long already.  We definitely need the colts and fillies to stay around awhile with the geldings.  They are RACE horses first and breeding animals second in my opinion.  

Chris:  Are you part of Mr. Jackson's legal team?  If not, why would you be so negative in questioning his motives for keeping Curlin in training?  If you are not aware - those very legal issues STILL are not resolved but Curlin is retired now.

So....I guess that had nothing to do with it.  

Racingfan 04 Jun 2009 6:28 PM

curlinlover,

Careful so you don't pop a blood clot.

FLUKE, FLUKE, FLUKE!! Run the Derby again 100 times and MTB wouldn't win it again. That's what I call a fluke. Charitable Man and Dunkirk (on a fast track) will show the fluke what real talent can do.

draynay 05 Jun 2009 10:50 AM

Draynay! I have to feel sorry for you! If you can only feel better by putting down someone else or an innocent horse, your self-esteem must really be nil - which it should be considering your unwillingness to take responsibility and give credit where credit is due.  Only losers make your comments. The Derby is over and can't be rerun! Suck it up! Be a man!Or try! LOL! Your personal, stupid comment about blood clots - give me a break! You'll pop one your self - if you actually have a heart pumping blood!!! I think whoever came up with the name "Baffoon" for you did us all a favor - and you none.  You're now labeled!

Go MTB!

The rest of you - enjoy tomorrow's races!

CurlinLover 05 Jun 2009 12:19 PM

I think that MTB proved in the Preakness that the Derby was not a fluke.  

I like Charitable Man on Sat, not because MTB is a "fluke" but because the pace and race flow figure to give him an edge.  MTB will make his usual run but he may be up against it.

Sysonby 05 Jun 2009 4:19 PM

Clearly there is a commercial aspect to RA's sale at a reported $10 to $13 million, and now her daddy's sale to Darley. And bump up in stud fees.

And despite some feeling MTB is a wash because he's little and a gelding...well, underdogs are always attractive  to Americans. Especially those toughing out bad times.

GO MTB! Bring it all the way home like a good man!

newsline2 05 Jun 2009 6:02 PM

I doubt the owners of Medaglia d'Oro or Birdstone would consider it a commercial bust, think how well there stallions should do at the sales this fall.  Both first crop sires and between them (mostly Medaglia d'Oro) they sired the winners of all the classics, so far, filly and colt.

zipssecret 06 Jun 2009 7:07 PM

Baffoon is buffoon. MTB ran a credible race last Saturday and, if he had relaxed for Borel and not pulled him to the lead too early, he could have won it. However, he was rank down the backstretch and what happened was just what Jerry Bailey said could happen when he learned that MTB was too amped up, too keen, in the hours previous to the race: When MTB would not relax for Borel, the horse's closing kick was compromised to a certain degree, and he got beat by a closer though he put in a game performance. That's three fine outings in Grade 1 races in 5 week's time and not the stuff that comprises the make-up of a fluke. The jock seemed right about his confidence that MTB would win the Belmont. If he'd have relaxed for Calvin as he did in the Derby, Borel would have had his Triple.

Will W 08 Jun 2009 4:04 PM

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