Joe McMahon

NY Stallion Incentives Proposed To Reverse 'Dangerous Trend'

With a 60% majority of New York-bred foals now sired by out-of-state stallions, the board of directors for the New York Thoroughbred Breeding and Development Fund (NYTBDF) is reaching out to the state's stallion owners to try and spark incentivization ideas that might swing that balance back toward in-state sires. Chief among the concepts that have the most traction so far are 1) recalculating the splits of the fund so that more money flows to stallion owners; and 2) changing rules at tracks so that eligibility in New York-bred races...

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Fasig Saratoga Fall Sale Returns Monday

The Fasig-Tipton Saratoga Fall Sale of breeding stock returns Monday after a one-year hiatus due to the pandemic. A catalogue of 292 broodmares and broodmare prospects and New York-bred weanlings will be on offer at the Humphrey S. Finney Pavilion beginning at 10:00 a.m. The 2019 renewal of the sale saw 134 horses change hands for gross receipts of $3,384,700, at an average of $25,259 and median of $15,000. A $160,000 Practical Joke colt from the RFHF Bloodstock consignment topped the sale on a winning bid from Steven Weston. A...

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McMahon of Saratoga Releases 2021 Stud Fees

McMahon of Saratoga's 2021 roster is headed once again by Central Banker (Speightstown), whose fee was reduced from $7,500 to $6,000 LFS&N for 2021. Solomini (Curlin), who will be standing his second year at stud in 2021, also had his fee cut from $6,5000 to $5,000 LFS&N. Redesdale (Speightstown) was decreased from $5,000 to $3,000 LFS&N. "Recent months have been very hard for everyone involved in racing and breeding and we are reducing the fees for our stallions for the 2021 breeding season to reflect the challenges brought on by...

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