Big Brown's Stud Fee Set at $65,000
by Evan Hammonds
Date Posted: 10/31/2008 6:49:57 PM
Last Updated: 11/1/2008 1:58:03 PM
2008 Kentucky Derby and Preakness winner Big Brown will stand his first season for $65,000.
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Robert N. Clay’s Three Chimneys Farm announced their 2009 stud fees Oct. 31, and the latest stallion to their line-up, Kentucky Derby Presented by Yum! Brands and Preakness (both gr. I) winner Big Brown , will command a fee of $65,000 for his first year at stud.
Big Brown, a son of Boundary, out of the Nureyev mare Mien, raced for IEAH Stable and Paul Pompa Jr. He is one of seven horses to win the Derby while undefeated. Smarty Jones , who also stands at Three Chimneys, and also won the Preaknsss, was unbeaten after his Derby score. Smarty Jones’ fee for 2009 is listed as “private.” He stood his first three seasons for $100,000.
Big Brown failed in his bid to become the 12th winner of the Triple Crown in the June 7 Belmont Stakes (gr. I), but bounced back to win the Haskell Invitational Handicap (gr. I) at Monmouth Park in August, and won the Monmouth Stakes on turf. He was injured while preparing for the Breeders’ Cup Classic (gr. I). The 3-year-old was bred in Kentucky by Dr. Gary Knapp’s Monticule.
“Last year, he might have been a $75,000 to $80,000 first-year stallion, maybe even more than that,” said Three Chimneys president Case Clay. “It’s a reflection of the financial crisis going on around the world. The days of the $100,000 first-year stallion are gone…for now.
“We kind of came up with a range of what he might have stood for in a ‘normal’ year and reduced it some in order to be fair to breeders,” Clay said. “We’ve called around and tested the waters with a few breeders and have gotten really good feedback with the fee that we’ve set,” he said.
Big Brown won seven of eight starts, including the Florida Derby (gr. I), and earned $3,614,500. The announcement of his going to Three Chimneys following his racing career came just prior to the Belmont.
Another newcomer, Lewis Michael, will stand his first season for $12,500. Lewis Michael, a son of Rahy, out of the Broad Brush mare Justenuffheart, won the Aug. 24 Pat O’Brien Handicap (gr. II) at Del Mar prior to a seventh-place finish in the Breeders’ Cup Dirt Mile last weekend at Santa Anita. He is a full brother to 2006 champion 2-year-old filly Dreaming of Anna.
Sky Mesa , who is having a great year with two crops of racing age, will stand for $30,000. The sire of Frizette (gr. I) winner Sky Diva, third-place finisher in the Bessemer Trust Breeders’ Cup Juvenile Fillies (gr. I), Sky Mesa is currently second on the list of second-crop sires.
Some of Three Chimney’s fees are being lowered for 2009. Rahy’s fee drops from $60,000 in 2008 to $50,000 for 2009. Yes It's True 's fee drops from $35,000 to $22,500. Flower Alley’s fee of $25,000 has been reduced to $20,000, and Good Reward’s fee has been reduced from $15,000 last year to $10,000 for 2009.
“It was clear to us that at the September sales that stud fees were too high," Clay said. “It’s a reflection of today’s economy and they needed to come down. We’re excited about every horse we have in the barn and we’re looking forward to the season.”
Three Chimneys Stud Fees for 2009:
Big Brown $65,000
Exchange Rate $25,000
Flower Alley $20,000
Good Reward $10,000
Lewis Michael $12,500
Point Given $15,000
Sky Mesa $30,000
Smarty Jones Private
War Chant $15,000
Yes It's True $22,500
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