Issue link: http://nytbreeders.epubxp.com/i/471532
It's simple: Breed. Sell. If you don't proft, you don't pay. New to New York for 2015... Breed with no stud fees owed until sale. Sell weanling/short yearling at auction and frst $4,000 goes to you. Anything over $4,000 goes toward stud fee, and Spendthrift is ONLY eligible to get back stud fee and nothing more. Any shortcomings are forgiven. Sell yearling at auction and frst $8,000 goes to you. Anything over $8,000 goes toward stud fee, and Spendthrift is ONLY eligible to get back stud fee and nothing more. Any shortcomings are forgiven. What's better for breeders, foal sharing or Spendthrift's Breed Secure? Auction Price (yearling) Breeder Receives Stallion Farm Receives BREED SECURE $6,500 season in a Spendthrift stallion $100,000 $93,500 $6,500 FOAL SHARE $6,500 season in a stallion from another farm $100,000 $50,000 $50,000 We began the Breed Secure program in 2012, and those who supported stallions like Into Mischief, Temple City, and Warrior's Reward now have ofspring by arguably three of the hottest young sires in North America. It puts breeders in a good position to enter the market with a product that is likely to be in demand, and do so with no burden of the stud fee as risk. – B. Wayne Hughes " "