(Edited press release)
Distorted Humor , who currently ranks No. 2 by North American progeny earnings, will stand for an adjusted fee of $150,000 live foal in 2009, WinStar Farm announced Nov. 25. Previously, it had been announced that Distorted Humor would stand for a fee of $225,000. His fee was $300,000 in 2008.
In a release announcing the fee adjustment, WinStar said, "In the course of evaluating and monitoring the market over the last several weeks, it has become obvious that breeders demand even greater value for their breeding dollar. As such, WinStar has decided to respond with a value-driven adjustment to Distorted Humor's stud fee in order to ensure the highest quality book of mares."
"WinStar is a long term player and we have always believed in adjusting to market conditions to facilitate our shareholders', fellow breeders' and WinStar Farm¹s overall success," said Doug Cauthen, president of WinStar. "Distorted Humor is the No. 1 covering sire in the nation with an average of $1,833,333. Our objective with this move is to maintain his position at the top."