There will be more North American stallions standing in 2005 for $100,000 or more than at any time since the heyday of the 1980s. Fourteen Kentucky stallions will stand next year for a stud fee of $100,000 or more.
Not since 20 years ago, the days of Northern Dancer, Nijinsky II, Alydar, Blushing Groom, Seattle Slew, etc., has there been such an era of high-priced stallions. In 1985, there were 25 stallions that stood for $100,000 or more, and of that group, 13 commanded fees of $200,000 or more.
There were 11 stallions in 2004 that commanded six-figure fees, but Danzig is pensioned, Deputy Minister died, and Broad Brush's fee, though listed as private, will be less than $100,000 next year. Five stallions to stand for $100,000 or more in 2005 were under six figures this year and are seeing their fees jump because of racetrack performance of their progeny as well as demand for their young stock in the auction ring.
For example, Giant's Causeway's first crop not only got off to a good start in Europe, but his yearlings have sold well this year and during the first four days at the Keeneland sale, six mares in foal to him averaged $542,500. His fee is rising from $75,000 to $135,000. Elusive Quality was represented this year by dual classic winner Smarty Jones and his fee is doubling, from $50,000 to $100,000. The only first-year sire on the list is Smarty Jones, who will stand for the same fee as his sire.