While American Pharoah had already won millions from wins in top-tier races like the Kentucky Derby and Preakness, his real moneymaking abilities will come from his stud fee. Owners of female horses pay stud fees to owners of male horses for the right to breed the animals. A proven track record helps boost racehorses’ stud fees to sometimes astronomical sums, especially if their offspring become winners, too.
Still, it’s hard to put an exact value on American Pharoah’s stud fee just yet. The figure may range from $100,000 to $150,000, according to Reiley McDonald, with Eaton Sales, a thoroughbred consulting firm.
“At the end of the day, the real money in these horses is when they become proven stallions, [which] have offspring that are running in the top races,” McDonald told the International Business Times. “People then pay multiples of the starting fee when they started off the race track.”
- Extreme Heat Makes It Hard for Kids to Be Active. But Exercise Is Crucial In a Warming World
- Pelosi's Visit to Taiwan Has Badly Damaged U.S.-China Relations, But Not Irreversibly
- Reality TV Has Reshaped Our World, Whether We Like It or Not
- Progress Is Not A Given. It is Won: The Connection Between James Baldwin and Toni Morrison
- The Inflation Reduction Act's Name Says A Lot About The Climate Fight
- How Reservation Dogs Became More than Just Must-See Television in Its Second Season
- The U.S Will Soon Have Space Force Ambassadors Around the World