Posts Tagged ‘brereton jones’
Friday, March 12th, 2010
All eyes will be on last year’s champion fillies, Rachel Alexandra and Zenyatta, as they both make their 2010 debuts on Saturday. While the Steve Asmussen-trained Rachel Alexandra is set to race in the ungraded New Orleans Ladies Stakes at the Fair Grounds (approx. post time 6:15 e.t.), Zenyatta has her sights set on the Grade 1 Santa Margarita Handicap at Santa Anita. The John Shirreffs-trained Zenyatta will carry 127 lbs., conceding up to 19 lbs. to her opponents, which include Striking Dancer, Floating Heart and Pretty Unusual. The Santa Margarita is 1 1/8 miles on the Pro-Ride surface; the scheduled post-time is 6:40 e.t.
Also, on Saturday’s card at Santa Anita is the G2 San Felipe, a Derby prep at 1 1/16 miles on the main track. The line-up appears familiar with the first three finishers from the Feb. 13 G2 Robert B. Lewis in action again—Caracortado, Dave In Dixie and American Lion.
The other Derby prep of interest is the G2 Rebel at Oaklawn Park. Shipping in from California is 2009 2-year-old champion Lookin at Lucky, who will be making his 2010 bow for trainer Bob Baffert and regular rider Garrett Gomez. Others in the 1 1/16-mile Rebel with possible Kentucky Derby aspirations are Noble’s Promise, Cardiff Giant and Dublin. Three-year-old fillies are in the spotlight in the G3 Honeybee, also 1 1/16 miles on the dirt. Heading the field is Decelerator, a stakes winner at Oaklawn on Feb. 13. Brereton Jones’s homebred No Such Word and Beautician, runner-up in the Breeders’ Cup Juvenile Fillies, are entered as well.
Tampa Bay Downs will host a 12-race card on Saturday which includes three graded stakes. Eclipse winner She Be Wild will try to avenge her fifth-place finish in the Forward Gal in the G3 Florida Oaks (1 1/16 miles on turf for 3-year-old fillies). The G3 Hillsborough, for older females at 1 1/8 miles on turf showcases Mushka, the favorite at 5-2 on the morning line, Lady Shakespeare, and Tottie, who is undefeated in two U.S. starts. The Tampa Bay Derby (G3) has a contentious 7-horse field headed by slight favorite Super Saver. Making his 2010 debut here, the Todd Pletcher trainee last won the Kentucky Jockey Club at Churchill Downs by five lengths in November.
The Gulfstream Park Handicap (G2) at one mile on the dirt for older horses will take place Saturday at the South Florida racetrack of the same name. The morning line favorite is This Ones for Phil, from Rick Dutrow’s barn. He will face two entries from Kiaran McLaughlin’s shedrow—Grasshopper and Past the Point, as well as Harlem Rocker (Todd Pletcher) and Cool Coal Man (Nick Zito).
Sunday’s Gulfstream program features the G2 Inside Information, a seven-furlong sprint for older fillies and mares on the main track. The top four finishers of last month’s Hurricane Bertie return for Inside Information. Kays and Jays was the winner of the 6 1/2-furlong Hurricane Bertie, who outfinished Tar Heel Mom, Warbling and Pretty Prolific.
Tags: American Lion, Beautician, breeders' cup juvenile fillies, brereton jones, Caracortado, Cardiff Giant, churchill downs, Cool Coal Man, Dave in Dixie, eclipse, fair grounds, Floating Heart, Florida Oaks, garrett gomez, Grasshopper, Gulfstream Park handicap, harlem rocker, Hillsborough Stakes, Honeybee, Hurricane Bertie, inside information, john shirreffs, Kays and Jays, KBC Horse Supplies, kentucky derby, Lady Shakespeare, lookin at lucky, Mushka, New Orleans Ladies Stakes, nick zito, No Such Word, Noble's Promise, oaklawn park, past the point, Pretty Prolific, Pretty Unusual, pro-ride, Rachel Alexandra, Rebel Stakes, rick dutrow, Robert B. Lewis, San Felipe, santa anita, Santa Margarita, Santa Margarita Handicap, She Be Wild, steve asmussen, Striking Dancer, tampa bay downs, Tar Heel Mom, This Ones for Phil, todd pletcher, Tottie, Warbling, Weekend Stakes: Where to Watch, zenyatta
Posted in Weekend Stakes: Where to Watch | 2 Comments »
Monday, January 4th, 2010
In what can’t be an uplifting article for industry folks in Kentucky, Greg Hall of the Courier-Journal writes that slots moving through the legislature is a 50-1 shot in 2010. Instead, Hall seems to conclude the only real chance to get slots done in Kentucky is through a constitutional amendment proposed by Sen. Damon Thayer, the same amendment that former Governor Brereton Jones calls too little, too late.
Of course, Kentuckians know a little something about 50-1 shots (Mine That Bird anyone?) so there’s always a chance. Anyone have Calvin Borel’s number?
Click here for the Courier-Journal article
Then come back to the Paulick Report and let us know what you think.
- Bradford Cummings
Tags: bradford cummings, brereton jones, Calvin Borel, Courier-Journal, damon thayer, Greg Hall, mine that bird, Paulick Report
Posted in Kentucky, Slot machines | 6 Comments »
Monday, December 14th, 2009
Press Release
(LEXINGTON, Ky.)— In a meeting held this morning, the Kentucky Equine Education Project Board of Directors unanimously voted to redouble their efforts to protect Kentucky jobs and put our signature horse industry on a level competitive playing field.
“As we all know, our competitor states are using revenue from expanded gaming to enhance their purses and breeders incentive funds, which is causing a severe loss of Kentucky racing and breeding stock to those other states,” commented KEEP Chairman Brereton Jones. “When horses leave our state, jobs go with them, from the farmer who grows the hay, to the veterinarian, feed supply salesperson, equipment manufacturer, groom, equine insurance agent and on and on.”
“One-hundred thousand Kentuckians depend on the horse industry for their livelihoods. We have a duty to make our industry as healthy as possible, to bring back the jobs that have already left the state, and to protect and create new jobs right here in Kentucky. We have no choice but to keep fighting for our industry.”
“The KEEP Board voted unanimously to pursue a legislative strategy that would save jobs and provide immediate relief by putting our industry on a level competitive playing field,” continued Jones. “The Board also voted unanimously to further engage our 15,000 members statewide in the political and fundraising process, and to continue the trend of growing our membership across the state. Our industry is committed to recruiting and supporting candidates that will support the horse industry.”
“This will continue to be an industry wide effort,” concluded Jones. “Seventy percent of Kentuckians agree that our industry should be put on a level competitive playing field, and a bill passed the House of Representatives for the first time ever this past June. We are so close to reaching our goal, and our resolve has only strengthened. We will not quit until the fight is won.”
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Tags: brereton jones, keep, Kentucky, kentucky equine education project, Paulick Report, Slot machines, VLT
Posted in Kentucky, Slot machines | 4 Comments »
Thursday, October 1st, 2009
By Ray Paulick
Anyone who has been with us at the Paulick Report since our June 2008 launch knows that I have been critical of Ogden Mills Phipps as one of the Thoroughbred industry’s leaders, or to borrow a phrase from the late John Gaines, a “self-appointed guardian of the Turf.”
One thing I’ve never questioned in my own mind, though I probably have never written it here, is that the Jockey Club chairman better known as “Dinny” loves this industry as much as anyone and has always acted in what he believes to be in the industry’s best interests. What those actions are and have been is where he and I hit the fork in the road.
This has been a tough year, personally, for Dinny Phipps as he has battled some health problems, and if the old axiom is true that the outside of a horse is good for the inside of a man, I’m sure I’m not alone in wishing the Phipps Stable continued success in 2009 and beyond. That stable, carefully developed over generations of both horses and the family that has owned and bred them, is quietly having a very good year in terms of success in American Graded Stakes, with three AGS winners of four graded stakes. Sure, it’s not quite like 1988, when Dinny’s late father, Ogden Phipps, directed the stable to one of the most amazing years in racing history, when Personal Ensign, Easy Goer, Cadillacing and other Grade 1 winners carried private trainer Shug McGaughey and the Phipps family to a sweep of the Eclipse Awards in outstanding trainer, breeder and owner categories. Five years later, McGaughey won five Grade 1 races on the Jockey Club Gold Cup card at Belmont Park, led by Miner’s Mark’s triumph in the Gold Cup itself.
The three 2009 Phipps Stable AGS winners (Parading, by Pulpit; Vacation, by Dynaformer; and Gone Astray, by Dixie Union) put this relatively small but select outfit in a four-way tie for third with three other homebreeding operations ( as opposed to commercial breeders), Sheikh Mohammed’s Darley Stable; the Juddmonte Stable of Saudi Arabian Prince Khalid Abdullah; and the stable operated by Virginia-based Edward P. “Ned” Evans. The leader, with five AGS winners of 2009, is Robert and Janice McNair’s Stonerside Stable.
I don’t really think it’s any coincidence that the leading breeders of AGS winners are outfits designed to produce horses for the racetrack as opposed to the sale ring. Are there any lessons that commercial breeders can gain by more closely studying how these private operations have functioned, developed their broodmare bands, and plan their matings? Perhaps.
Looking at Bloodhorse.com’s list of leading breeders by money won, Stonerside ranks the highest of the five leaders by AGS winners at fifth on the money list behind Adena Springs, Eugene Melnyk, Brereton Jones, and William S. Farish. Stonerside, which was sold to Darley when the McNairs opted to get out of the business, also has the most starts of the five (604). Evans is sixth on the money list from 437 starts; Juddmonte is eighth, with 217 starts; Darley is 11th, with 423 starts; and Phipps 22nd, with 206 starts.
Tags: adena springs, American Graded Stakes Standings, brereton jones, darley stable, Dinny Phipps, Edward P. "Ned" Evans, eugene melnyk, Gone Astray, Janice McNair, Jockey Club, Juddmonte Stable, Keeneland, Ogden Phipps, Parading, Paulick Report, Phipps Stables, Ray Paulick, Robert McNair, shug mcgaughey, Stonerside Stable, Vacation
Posted in American Graded Stakes Standings, Keeneland | 3 Comments »
Wednesday, June 24th, 2009
By Ray Paulick
Brereton Jones, the former governor of Kentucky and the chairman of the Kentucky Equine Education Project, pulled no punches during a horse industry rally at Keeneland Wednesday night when talking about what derailed House Bill 2, legislation that would have permitted video lottery terminals at state racetracks and enhanced purses. In an obvious reference to Senate President David “Blackjack” Williams, the "anti-gambling" Republican from Burkesville who likes to visit riverboat casinos in neighboring states, Jones talked about how a “third-world dictatorship” killed the legislation in a Senate committee controlled by Williams’ followers. “The only way to get rid of a dictatorship is through a revolution,” Jones said, “and the revolution starts here tonight. We are going to make this happen.”
 That brought the crowd of over 1,000 to their feet in one of many standing ovations during a rally that in some ways demonstrated the resilience, hope and perseverance of horse people. Individuals from virtually all segments of the horse industry attended.
Nick Nicholson, president of Keeneland, served as the emcee of the rally, which was scheduled less than 24 hours earlier in the wake of the defeat of the VLT legislation in the state capital of Frankfort. It began shortly after 7 p.m., when Gov. Steve Beshear and First Lady Jane Beshear arrived to the first standing ovation of the night.
“I know that we’re disappointed in the final result,” Nicholson said about the legislation that was approved by the House before being killed in the Senate Appropriations and Revenue Committee. “We’re angry, scared, and more determined than ever. This industry has more solid friends in Frankfort now than it did a month ago. Let me be real clear, no question about it, no doubt. This fight ain’t over yet. We as an industry are more unified than we have ever been.”
Nicholson introduced Kentucky legislators on hand who were among the horse industry’s friends and supported the VLT bill. Present were House members Rocky Adkins (D-Boyd, Elliott, Lawrence, Rowan Counties); Linda Belcher (D-Bullitt); Leslie Combs (D-Harlan, Letcher, Pike); Robert Damron (D-Fayette, Jessamine); Kelly Flood (D-Fayette); Reginald Meeks (D-Jefferson); David Osborne (R-Jefferson, Oldham); Sannie Overly (D-Bath, Bourbon, Fayette, Nicholas); Ruth Ann Palumbo (D-Fayette); John Will Stacy (D-Menifee, Morgan Rowan and Wolfe); John Tilley (D-Christian, Trigg); and Susan Westrom (D-Fayette).
Supporters on hand from the Kentucky Senate were: Walter Blevins Jr. (D-Boyd, Elliot, Fleming, Lawrence, Rowan); Tom Buford (R-Boyle, Fayette, Garrard, Jessamine); Perry Clark (D-Jefferson); Denise Harper Angel (D-Jefferson), Gerald Neal (D-Jefferson); Joey Pendleton (D-Christian, Logan, Todd); Kathy Stein (D-Fayette); Johnny Ray Turner (D- Breathitt, Floyd, Knott, Letcher); and Ed Worley (D-Lincoln, Madison, Rockcastle).
Nicholson also thanked House Speaker Greg Stumbo and Speaker Pro Tem Larry Clark, co-sponsors of the bill. Neither was able to attend the rally.
 One local politician who wasn’t mentioned by name but was referred to several times as the “Senator from Scott” (county) was Republican Damon Thayer, a horse industry consultant and former Breeders’ Cup and Turfway Park executive who has been the point person for the horse industry on legislation in Frankfort but has been silent on the issue of VLTs or slots. Thayer is not a member of the A&R Committee that killed the VLT bill, but today on the Senate floor he reportedly said Beshear and anyone else who wants to support the horse industry should get behind an alternate bill proposed by Williams that would divert funds toward purses through a tax on the state lottery, out of state wagers on Kentucky races, and charitable gaming. Those comments angered Senate minority leader Ed Worley, who gave an impassioned speech on the floor of the Senate criticizing Thayer and others who said Beshear doesn’t support the horse industry. In that speech, which was shown on video at the horse industry rally, Worley challenged those who criticized Beshear to come to Keeneland Wednesday night and hear first-hand from members of the horse industry.
Worley was then introduced at the rally and began his brief talk by asking, “Would the senator from Scott please stand up?” a comment that brought derisive laughter from the standing room only audience. Thayer apparently was not present.
“You do not deserve people who represent districts with horse tracks and horse farms, if they vote against the horse industry. You need to remember them on election day,” Worley said.
Patrick Neely, the executive director of KEEP, was even more blunt in his remarks to the crowd. “Elections matter,” Neely said. “We cannot forget that Alice Forgy Kerr–whose district is home to so many horse farms and to Keeneland—voted no. Only Tom Buford (the lone Republican supporter on the A&R Committee) had the courage to vote yes,” a comment that brought the crowd to its feet with thunderous applause. Another Republican supporter, Rep. David Osborne, was cited as evidence that the VLT legislation was not a partisan bill.
Beshear said he felt if the VLT bill had gotten a chance for an up-or-down vote on the Senate floor, it had a good chance to be approved. “Some of these senators are now looking for cover,” Beshear said. “They’ve thrown out some quick proposals. The senator from Scott (Thayer) said we could even take the money out of the general fund. My friends, they are looking for cover, and I’m telling you: Don’t let ‘em find that cover.”
Now that Ohio appears to have racetrack slots on a fast track to passage, Beshear said Kentuckians will be “educating Ohio’s kids, building Ohio’s roads,” by gambling at Ohio casinos, just as they’ve been doing at Indiana casino boats. “It’s time we kept that money at home to help our people,” he said.
“Tonight is not an ending,” Beshear added. “It’s a beginning of a campaign that’s not going to quit until we have done our job to save our beloved horse industry.”
It’s time to do one of two things, Beshear said. “Change some of the state senators’ minds, or we’ve got to change some of the state senators. Over the next 18 months, let’s get this done.”
Copyright © 2009, The Paulick Report
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Tags: A&R committee, Appropriations and Revenue Committee, brereton jones, damon thayer, david osborne, david williams, denise harper angel, ed worley, flt legislation, gerald neal, greg stumbo, house bill 2, jane beshear, joey pendleton, john tilley, john will stacy, johnny ray turner, kathy stein, Keeneland, kelly flood, kentucky equine education project, larry clark, leslie combs, linda belcher, nick nicholson, patrick neely, Paulick Report, perry clark, racinos, Ray Paulick, reginald meeks, robert damron, rocky adkins, ruth ann palumbo, sannie overly, steve beshear, susan westrom, tom burford, walter blevins jr.
Posted in Keeneland, Kentucky, Slot machines | 23 Comments »
Friday, February 13th, 2009
By Ray Paulick
It’s now been 15 years since James E. (Ted) Bassett III, then the president of Keenelend, declared before a legislative committee in Kentucky’s state capitol that the commonwealth’s signature industry, Thoroughbred racing and breeding, was “not going to cave in to the hypothetical threat of a mythical armada cruising down the Ohio from Ashland to Paducah under the disguise of a legislative act that has yet to be passed in most of our neighboring states.”
Bassett was talking about the emergence of what then were just a few floating casinos in Illinois and the possibility of additional boats in Indiana; 1994 was only the beginning of an era that has seen an unprecedented explosion in gambling in states from New Mexico to New York, from Florida to Louisiana, from Mississippi to West Virginia, and from Michigan to Pennsylvania.
So much has changed in 15 years that even Bassett’s wise, old head must be spinning. In fact, his successor at Keeneland, Nick Nicholson, is now one of the main proponents to get Kentucky’s gambling playing fields level with those of other states. The mythical armada surrounding Kentucky has grown to include a massive floating arsenal of riverboats carrying blackjack and craps tables, and hundreds of thousands of slot machines at land-based compounds.
I understand completely what Bassett was saying. He hated the thought Kentucky’s racing industry would have to cave in to the pressures created by the dominos falling around him in other states. Betting on a horse and throwing money into slot machines are two forms of gambling, to be sure, but one involves an intellectual challenge, an agriculture based business, and a beautiful sport that at times can capture the interest and imagination of an entire nation. The other is a mindless activity that is virtually guaranteed to separate the player from his money: gradually, tantalizingly, but, ultimately, relentlessly.
Sadly, I hate to admit, the former – pari-mutuel wagering on horses – must depend to some degree on the latter – Video Lottery Terminals or slot machines – to survive.
The debate has gone on long enough in Kentucky. Fifteen years! There probably isn’t a resident in Kentucky who can’t jump in his car and within two hours be feeding a slot machine in a neighboring state. Thousands of Kentuckians are doing just that, every day, and it’s costing the state hundreds of millions of dollars each year in lost revenue. Worse, it’s threatening the very future of Kentucky’s largest and most important industry: the Thoroughbred.
I wrote earlier this week that slots revenue may in the long run be fool’s gold in many states, and I stand by that statement. Any non-essential industry that relies on subsidies to exist is skating on thin ice, because those subsidies can very well be taken away with the slash of a legislator’s pen. The racing and breeding industries in most American states would have to be put into that “non-essential” category. But Kentucky is different. Take away the horse farms and the nearly 100,000 jobs they have created, and you will have a state plunged into a deep, deep economic recession. No other state is so dependent on this major agribusiness. Furthermore, Kentucky’s identity to the rest of the world is so tied to horses that it would forever be changed.
It’s therefore essential that legislators, from Ashland to Hopkinsville, from Paducah to Williamsburg, understand that the armada is no longer mythical, that the assault is ongoing, and that the battle is in serious danger of being lost.
This subject has been debated, not just in the halls of Frankfort and the breeding sheds of Central Kentucky, but on the national airwaves. On Wednesday of this week and next week, Steve Byk’s At the Races radio show on Sirius channel 126 (4-7 p.m. Eastern) is devoting the entire three hours to the issue, “Kentucky in Crisis.” Byk’s guests this week were John Sikura of Hill ‘n’ Dale farm, Kentucky state Sen. Damon Thayer, Eclipse Award-winning writer Billy Read and trainer Chuck Simon.
Click here to listen to Wednesday’s enlightening “Kentucky in Crisis” program.
I’ll be on next Wednesday’s program, following scheduled appearances by Greg Stumbo, the Kentucky House Speaker whose VLT legislation cleared a House committee yesterday, lobbyist Gene McLean and former Kentucky Gov. Brereton Jones, the owner of Airdrie Stud.
VLTs or slot machines cannot be racing’s salvation. The sport is failing, not just in Kentucky but throughout the United States, because it has failed to adequately address a number of serious challenges. The racing product needs attention, and its business model is broken both on a local and national level, and simply putting additional money into purses is not going to fix the product on its own. It will, however, give the industry an opportunity to invest in its own future, something it has not been able to do since the mythical armada transformed into a very real threat to the survival of Kentucky’s most important industry.
Copyright © 2009, The Paulick Report
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Tags: airdrie stud, billy read, brereton jones, casinos, chuck simon, damon thayer, gambling, gene mclean, greg stumbo, hill 'n' dale, Horse Racing, James E. Bassett, John Sikura, kentucky racing and breeding, mythical armada, Paulick Report, Ray Paulick, Slot machines, slots, steve byk, steve byk at the races, Ted Bassett, vlts
Posted in Breeding, Industry Reform, Keeneland, Kentucky, Slot machines | 10 Comments »
Tuesday, February 3rd, 2009
By Ray Paulick
President Barack Obama, on his first full day in office, called for higher standards in transparency and accountability for his administration. While there already have been some bumps on that road, our new president’s demands are in line with a broader movement toward greater transparency, accountability and openness, not only in government but in private enterprise as well.
A recent scandal in Lexington, Ky., involving the executive director of Blue Grass Airport and several of his key staff was uncovered only after the local newspaper, the Herald-Leader, filed an open records request and examined travel and expense reports of airport executives. What the paper found was shocking: thousands of dollars of taxpayer’s money spent on a night of partying at a Texas strip club, airport credit card purchases of a shotgun, audio systems, DVDs and other items seemingly unrelated to the operation, including scalped tickets to a Hannah Montana concert at Rupp Arena.
The airport’s oversight board at first dismissed the newspaper’s charges that the executive director’s travel and entertainment expenses were exorbitant, but after conducting an internal audit discovered numerous irregularities and suspended him. Shortly thereafter he resigned.
The episode teaches us several valuable lessons, including the importance of a free press, open records law, and vigilance by members of oversight boards. Without transparency or sunshine laws, it’s likely the airport scandal never would have been uncovered and taxpayers would continue to be abused by officials entrusted to serve them.
While I am by no means suggesting similar transgressions are taking place, a call for greater transparency and accountability is also at the heart of Thoroughbred owner and breeder Peter Blum’s recent criticisms of the Breeders’ Cup – a non-profit company funded in part through stallion and foal nominations by thousands of breeders. Following a guest commentary he wrote for the Jan. 10 edition of the Thoroughbred Times and a follow-up letter to the editor published in both the Jan. 31 Thoroughbred Times and Feb. 2 Paulick Report, Blum has heard from a number of fellow horsemen who are in philosophical agreement.
“As a result of my willingness to speak out, many people have contacted me and have expressed their concerns and serious reservations about Breeders’ Cup management,” Blum told the Paulick Report. “One theme that continually comes up when people share their thoughts with me is, ‘What are they trying to cover up?’ Have there been any bonuses recently paid, particularly in this troubling economy when (President Obama) in the last few days referred to bonuses paid to bankers as shameful, outrageous and the height of irresponsibility? If there have been any bonuses, who got them, when they did get them, and how much did they get? And if they were given, why were they given, especially in light of the Breeders’ Cup announcement to cut off supplemental funding for 121 races throughout the year? (That decision was quickly reversed.) Furthermore, have there been any recent senior management contract extensions. If so, who got them, and when and why were they given?”
Blum sees things only getting worse unless there are changes in how the Breeders’ Cup operates. “There is very little transparency and it is apparent that is the core of all major issues,” he said. “Does the Breeders’ Cup management not understand how angry its members are? Unless transparency soon occurs, the Breeders’ Cup cannot succeed in its present form. And has there been any disclosure to membership of an agenda of board member meetings, votes, and minutes? If not, why not?”
The Breeders’ Cup moved toward a democratically elected board in 2006 after complaints from some breeders that it had been run for too long by a handful of people selected by a self-perpetuating board of directors. But as Blum pointed out in his letter to the editor, there are flaws in the revised bylaws that appear to stack the election process in favor of the status quo.
Thirty-nine individuals are elected to the board of members and trustees by stallion and foal nominators (each year, 13 of the 39 seats are up for election to three-year terms). Those members and trustees are responsible for electing the 13-member operating board of directors. However, in addition to the 39 elected members and trustees who vote for the smaller board, also given votes in the small board election are six “founding fathers” of the Breeders’ Cup: Brownell Combs, formerly of Spendthrift Farm; William S. Farish of Lane’s End; Seth Hancock of Claiborne Farm (whose proxy has been permanently bestowed upon farm executive Jim Friess); Brereton Jones of Airdrie Stud, John T. L. Jones, director emeritus of Walmac Farm; and James Philpott, an attorney who has served as Breeders’ Cup secretary. Two former Breeders’ Cup presidents, James E. (Ted) Bassett III and D.G. Van Clief Jr., also are entitled to vote in the small board election, as are four current officers of the Breeders’ Cup, including CEO Greg Avioli.
It strikes me as unfair to “grandfather” any founding fathers onto the board of members and trustees. When the U.S. Constitution was written, individuals who signed the Declaration of Independence were not given a lifetime seat in Congress. Representatives of farms like Coolmore, Darley and Three Chimneys, among many others that have been major financial contributors to the Breeders’ Cup, are forced to actively run for a board seat while those farms associated with founding members get an automatic seat. Furthermore, at least two of the founding Breeders’ Cup members are no longer actively engaged in the business. Doesn’t seem right.
It also seems downright scandalous to allow paid staff, including CEO Avioli, to vote for who their bosses will be on the operating board of directors. Human nature suggests they will always favor those who butter their bread.
Blum also takes issue with how votes are allocated to those farms with stallions (stallion owners are entitled to one vote for each $500 of a stallion’s stud fee).
“It appears that large farms standing stallions may control the outcome of the election of inner and outer board members,” Blum said. “For example, if Gainesway stands a syndicated stallion like Tapit or Mr. Greeley, the farm is given all of the votes, not the actual owners or shareholders of the stallion. If this is true, won’t this inequity come as a surprise to most breeders?” (Editor’s note: It is believed that some stallion syndicate agreements may convey Breeders’ Cup votes to majority shareholders.)
As a result of the inequities he sees in the bylaws, Blum calls for widespread change in the election process.
“In view of the existing controversy, will management agree to submit to membership the right to hold a new election for board members under a more democratic process sooner rather than later?” he asked. “When will the BC provide an accounting of all the nomination fees paid in, and why have we not received them to date?”
Breeders’ Cup board member Satish Sanan wrote a rebuttal to Blum’s commentary that was published in the Thoroughbred Times of Jan. 24. Sanan later spoke with the Paulick Report about some of the issues raised by Blum, along with his own role as chairman of a Breeders’ Cup strategic planning committee.
“Mr. Sanan appears to be a constructive voice at the Breeders’ Cup and I hope his efforts bring much needed changes in transparency and benefits to breeders,” said Blum.
Blum said he hopes his decision to speak out on the management and direction of the Breeders’ Cup is not misinterpreted
“My remarks were intended as constructive criticism of Breeders’ Cup management and recommendations for change,” he said. “In no way were they made to be personal in nature or an attack on the Breeders’ Cup concept or festival of racing. On the contrary, my remarks were intended to encourage needed change and redirection of management.”
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Tags: airdrie stud, barack obama, blue grass airport, blue grass airport scandal, Breeders' Cup, Breeders' Cup board of directors, brereton jones, brownell combs, Claiborne Farm, coolmore, D.G. Van Clief, darley, gainesway, Greg Avioli, James E. Bassett, james philpoptt, jim friess, John T.L. Jones Jr., Lane's End, Paulick Report, peter blum, Ray Paulick, satish sanan, Seth Hancock, spendthrift farm, Ted Bassett, Three Chimneys, walmac farm, Will Farish, William S. Farish
Posted in Breeders' Cup, Industry Organizations | 21 Comments »
Monday, January 26th, 2009
Hank Aaron hits number 715…Secretariat wins the Belmont by 31 lengths…Brett Favre starts 269 games in a row at QB…and now Ray Paulick liveblogs from the Eclipse Awards without a computer! That’s right, Ray will be entering the pantheon of the unlikely as he attempts to bring you the Paulick Report reader unprecedented coverage of tonight’s awards ceremony. We will be operating here at Paulick Report Command Central giving the play by play results of tonight’s event while Ray will be the color commentary via text message.
What are the stars wearing? (We knew Larry Jones would be in his black-tie cowboy get-up, but were taken aback by the Scottish fellow in kilts standing nearby — pictured below.) How many people are sporting Zenyatta for President T-shirts? How many licks does it take to get to the candy center of a Tootsie-Pop? These and other questions will be answered below. Enjoy and keep the comments flowing!
6:56CC…Alright folks, Brad here at Command Central. I will be receiving messages from Ray throughout the night and keeping up to date with the things you won’t be privy to on the telecast. My comments will have a CC for Command Central after the time and the ones from Ray will have a RP after the time.
6:58RP…closest thing to a celebrity I’ve met so far is former WI Gov. Tommy Thompson, who has been hired by the NTRA to oversee the health and safety alliance. Tommy seemed happy to hear that I grew up on the Illinois side of the Wisconsin border.
7:00CC…and the telecst begins. Something about Frank Sinatra and a cocktail party.
7:01RP…Many of the guests were lamenting the passing of Joe Hirsch, the longtime executive columnist of the DRF. The PR learned that NYRA is preparing a memorial for Hirsch the week of the Belmont Stakes in June.
7:04CC…Interviewing Jerry and Ann Moss, they ask if they think Zenyatta could pull Horse of the Year. Gives a solid if not predictable answer.
7:05RP…Good line from Cot Campbell during the blustery cocktail hour outside of the Fountainbleu Hotel. "My hair’s getting all messed up," Campbell said patting down his gray locks. He glanced over his shoulder and saw the shiny pate of Mike Smith and commented, "Mike’s in pretty good shape with the wind."
7:06CC…Who thinks Eight Belles should win 3 year old filly? I’m a Proud Spell guy myself.
7:07CC…Iavarone looks shiny. And the interviewer mispronounced his name. Thinks that it’s the competition was so strong and that’s the reason Big Brown isn’t going to win the HOY award. Either that or maybe it’s because he finished last in the Belmont and bowed out of the BC Classic.
7:10CC…Frank Stronach isn’t there. Wonder why?
7:15CC…Asmussen being interviewed. Sure, it’s good to hear from him but I wonder what his facial hair has to say. And he looked a little scary on screen. Just saying.
7:16CC…announcer just made an interesting observation. Asmussen has more wins than Dutrow and Frankel combined.
7:19CC…I don’t know about you but nothing is more interesting than insurance talk…
7:20RP…Dinner is served! Ceremonies starting soon.
7:22CC…just pushed the new Jockeys show on Animal Planet. Said it was The Hills or Real Housewives of Orange County only with jockeys. Decided jockeys have more drama. Scandalous!
7:24RP…Jess Jackson is here with a new look…a nifty goatee. (Only two bodyguards according to an associate. I don’t have a count yet on the number of bodyguards for Iavarone of IEAH…see earlier post on Eclipse predictions for further explanation)
7:26CC…NTRA Moment of the Year of course is Zenyatta in the Breeders’ Cup. Sounded like six people clapped for the clip.
7:28CC…TWO MINUTES TO POST!!!
7:29CC…Darby Dan with a big ad buy during the break. I hear there’s a website that’s much cheaper than what TVG charges…
7:30CC…Privman starts off the ceremony with a Joe Hirsch memorial.
7:33CC…Faith, I’m efforting a response on your important request…
7:33RP…Nice touch to dedicate the awards to Joe Hirsch. There are several hundred folks here tonight and I’d be hard pressed to find one person who didn’t love Joe.
7:35RP…(FAITH UPDATE) The vine ripened tomato salad was excellent, the seared tenderloin tender (tho a bit overcooked) and the roast garlic shrimp outstanding. I could have used a bit more of the curried sweet potatoes, but I did just squeeze into my tux pants.
7:37RP…Kenny Rice don’t give up your day job to become a stand up comic
7:38CC…and our first technical glitch of the evening!
7:39CC…first (non) surprise of the night, Midshipman wins 2 year old male
7:40RP…more food update…Kendall-Jackson wine is being served to all (whether or not they supported Curlin)
7:41RP…A dinner companion staying at the Fountainbleu rated the dinner "four stars" compared to other restaurants at the hotel
7:42CC…and now 2 year filly goes to…
7:42CC…Stardom Bound!
7:44RP…Even though IEAH now owns Stardom Bound, the award was rightly given to Charles Cono. Fifteen years ago when Kotashaan won HOY, the Eclipse wasn’t given to his longtime owners, the Werthemer brothers, but to the Japanese stud farm that bought him to run in his final start, the Japan cup. They got it right this time.
7:47RP…Bob Baffert isn’t at the awards. Times are tough. He tells me he can’t afford to fly his family from LA. Guess Baffert doesn’t get those Southwest Airlines special fare emails.
7:50CC…John and Brad Henegan from First Saturday in May accept the award they already got.
7:51RP…From one of the Hennegan brothers the first ever Eclipse award shout out to Payless Shoes.
7:54CC…Did you know that WAVE 3 TV won a media Eclipse Award? You did? Oh, I must have slept in that day.
7:54RP…They need more journalism awards…you think? That’s my favorite part of the Academy Awards…best movie review!
7:56RP…The podium reminds me of a Barack Obama press conference when several women advisers were introduced to the media and only the top of their heads showed. Same with the jockeys and Jennie Rees of Courier Journal
7:58CC…the photog award is so embarassing with that misspelled background. Junenile…unreal
8:00CC…Vinnie Perrone just asked for a step stool. No, actually, he demanded one and asked "what kind of operation are you running here?"
8:01CC…and this is why
8:03RP…Anyone remember the Grammys when the band started playing because Sinatra went on too long…Sinatra!!!
8:04CC…And he’s finally finished. Four minutes later. Did anyone not tell him to keep it pithy? I mean, he seems like a nice guy, but honestly everyone is here for things besides Vinnie’s award.
8:07CC…Kenny Rice just bombed like three jokes in a row. Literally no response from the crowd. Love it!
8:09CC…Oooh! An award I’m not 100% sure of the outcome on! Male Turf
8:10CC…The winner is Conduit.
8:11CC…More importantly, this just came in from Ray. Dessert!
8:13CC…Female Turf goes to…
8:14CC…Forever Together
8:15RP…George Strawbridge defines grace and class. He gave a very elegant acceptance on behalf of Forever Together.
8:15CC…If you are watching both the TVG telecast and this blog, apparently Ray is in the future. That’s why he already knew about Strawbridge’s speech.
8:17CC…Apparently Ray was still hungry
8:18RP…Dessert was outstanding…my first roast hazelnut praline, chocolate terrine, coconut bavaroise
8:19CC…Standing ovation for Alice Headley Chandler
8:19RP…Tommy Thompson left his table…I think the media awards got to him
8:20CC…Hopefully Alice will run into Vinnie Perrone in the hallway and talk to him about speech length. That was a perfect acceptance speech.
8:22RP…Weird observation…some people who are seated near the stage are watching the large screen monitor instead. Kind of like the racetrack where we watch the TVinstead of the horses in front of us.
8:23CC…Steeplechase winner Good Night Shirt
8:25RP…Steeplechase owner..time’s up. Where’s the band when you need them? Hostage taker.
8:28RP…Although the acceptance was about as long as a jump race.
8:29CC…And now for Breeder, Adena Springs, Stonerside and WinStar
8:30CC…Adena Springs wins News at 11
8:31RP…Barbara…I saw Steve Asmussen up close and personal and I found him not the least bit scary looking. But he did growl at me
8:32RP…And I did eat the holy cross on the dessert. Yum!
8:32RP…Love the lecture from the handicapper of the year. He’s really good.
8:33RP…Random thought. Chantal Sutherland is mesmerizing Here she is, sitting with Mike Smith while no doubt catching up on my live blog!
8:35RP…I think Steven Crist wishes he had a hook to yank the handicapper off stage
8:37RP…Now I wish I had a hook for this guy. I take my earlier comments back.
8:39CC…and still going….
8:41CC…like the Energizer Bunny. Seriously.
8:43RP…Dayyam. I missed the Conduit wardrobe malfunction. Had my head down thumbing away
8:44RP…What’s with the Joan Rivers remark? No facelifts for me.
8:45RP…The vets do a great job with the on call program but they are making me feel like I’m at a funeral service. How about a little joke fellas?
8:48RP…Rep Cardoza…pandering for votes and political contributions.
8:53CC…and Benny the Bull wins Male sprinter
8:49RP…Wow…Michael Iavarone is redder faced than me after I spent five hours on the beach
8:51RP…Good news from Iavarone that Benny the Bull will race in 2009…
8:56CC…And now Female Sprinter…
8:57CC…Indian Blessing. I love this horse
9:00RP…I doubt many trainers worked harder than Steve Asmussen in 2008. It really was a remarkable year he had. And he’s got the cutest family in the room…hands down.
9:01CC…For those of you watching on TVG, Ray is quite a bit ahead of us (tape delay). If you don’t want to know before the telecast, look elsewhere.
9:03CC…Which is why you already knew that Asmussen won the award. Barbara, thanks. I was starting to feel sorry for myself. Hopefully Asmussen and Iavarone know it was all in fun!
9:05CC…Well, apparently Stonach won for owner.
9:06RP…I wonder how many racing secretaries that work for Frank Stronach voted for him as leading owner and breeder. I’d imagine they might be more inclined to vote against him.
9:07RP I also wonder how many Breeders’ Cup employees vote and how they voted? Seems they have a vested interest.
9:08RP…Racing secretaries and Breeders’ Cup employees have been part of the NTRA voting members.
9:10RP…and Zenyatta wins. Jerry Moss couldn’t drag trainer John Shirreffs on stage to help him accept Zenyatta’s Eclipse Award.
9:11RP…Moss is the west coast version of George Strawbridge…full of class, extremely articulate and one of the game’s very best. Wish we had more like both of them.
9:13CC…Curlin wins older male. in related news, grass is green and the sky is blue.
9:15RP…Good comment by Jess Jackson saying that older horses can race and also make good sires.
9:16CC…Turk, I’m with you. Why wait when you can hear it from Ray first.
9:17RP…His comment about the industry’s movement to eliminate drugs and become more transparent was well received.
9:18RP…"Keep the horse first, and the horse will take care of you." Well said Jess Jackson
9:19CC…Time for a photo. The Jackson clan.
9:21RP…Curlin wrote a note saying he liked racing but likes his new job even better.
9:22RP…Jerry Moss gets a do-over to thank Mike Smith..this could be a first. Told you he was a class act.
9:23RP…I wonder if Mike stormed off. (Just kidding…there isn’t a more humble guy in the jockey’s room)
9:24CC…Apprentice jockey coming up soon.
9:27CC…Faith, I thought he sent it in Horse Code. (I’m sorry, I couldn’t resist)
9:28RP…Winner is Paco Lopez
9:29RP…Someone wrote to say Jess Jackson looks like Don Rickles. That’s not nice you hockey puck!
9:31CC…And now for outstanding jockey, the Eclipse goes to Garrett Gomez.
9:32RP…Garrett Gomez is one tough dude. I said his smile looked pretty good before dinner and he said all his front teeth were temps. Lost em in an ugly spill and he still has a knot on his hand from that spill. To think he was back in the saddle a few days later.
9:34CC…3 year old male goes to…Big Brown
9:35RP…Cash Asmussen presenting with Todd Schrupp of TVG. Hard to believe Cash was a jockey all those years. So tall.
9:36RP…Interesting comment from Anne Campbell about Michael Iavarone. "He looks like Jerry Lewis (a young Jerry Lewis)."
9:39RP…Schrupp gave a very nice tribute to Larry Jones before introducing the 3 year old filly finalists. Second standing ovation of the night.
9:40RP…It was to thank him for facing the media so tirelessly after the death of Eight Belles in the Kentucky Derby. Well done.
9:41RP…But Proud Spell won
9:42RP…Second politicians of the night at the podium, former KY Gov Brereton Jones owner and breeder of Proud Spell. Jones says organizers can forget about the one minute rule for acceptance speeches, acknowledging his political past.
9:44CC…picture time again, featuring the Iavarone party
9:46RP…Jones acknowledged the many great trainers in the room but said no one was greater than Larry Jones, who also trained Proud Spell.
9:47RP…Horse of the Year next…
9:48RP…Alex Waldrop to present Horse of the Year.
9:49RP…Alex said someone in the room was live blogging…"so be careful what you say." Wonder who he’s talking about…
9:50RP…And the winner is…CURLIN!!!
9:51RP…Jess Jackson high fives the table.
9:52RP…Jerry Moss picks up his wine glass raises in the air and thanks John Shirrefs for a great year
9:53RP…The other two nominees were Zenyatta and Big Brown
9:55CC…And the Horse of the Year picture
9:56RP…Jess Jackson says Curlin still wants to run…but will enjoy his new job
10:04RP…After the awards closed Brereton Jones said he was more nervous accepting the award than he had ever been giving any political speech. I guess that sums up what the Eclipse Awards mean to horse people.
10:05RP…Congratulations to all the winners and a big thank you to our hosts, Cot and Anne Campbell of Dogwood Stable and to the dinner companions I wasn’t able to spend enough time talking with.
That’s it from Miami Beach…
Copyright © 2009, The Paulick Report
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Tags: alex waldrop, anne campbell, benny the bull, Big Brown, brereton jones, conduit, cot campbell, Curlin, eclipse awards, forever together, garrett gomez, george strawbridge, IEAH, indian blessing, jerry moss, jess jackson, Michael Iavarone, midshipman, Paulick Report, proud spell, Ray Paulick, stardom bound, steve asmussen, tommy thompson, tvg, zenyatta
Posted in eclipse awards | 89 Comments »
Friday, December 12th, 2008
By Ray Paulick
Thursday’s announcement by Walmac Farm of a “breeders stimulus plan” that allows breeders to pay 2009 stud fees from the proceeds of the sale of weanlings or yearlings is further proof that an increasing number of Kentucky’s stallion farms are recognizing mare owners as partners in their business. The steep declines in bloodstock prices in 2008 and the very real threat that many breeders could go out of business if the economics do not change has led virtually every major stallion station to reduce 2009 stud fees and relax deadlines for when the payments are due.
In the most simple terms, without mare owners, stallion farms would have no customers. If stud fees were not reduced and payment schedules relaxed, there would be fewer breeders around for the 2009 breeding season. The changes were fueled by a survival instinct.
There are only a handful of stallion farms continuing what in recent years was the widely accepted policy of stud fees due in September or November of the year of conception. Even some of those holdout farms are showing flexibility on payment schedules. Most stallion operations have changed to a payable when foal stands and nurses program; some in that category offer discounts for breeders who are willing to pay stud fees early. Although the stands and nurses policy has been in place for years at some farms, a number of breeders pointed to the decision by Lane’s End to adopt that policy for 2009 as a bellwether move. Others quickly followed suit.
Two relatively new stallion stations, Darley and Stonewall Farm, have created unique incentive programs for many of their stallions. Some farms that reduced 2009 stud fees in September during the Keeneland yearling sale have come back with a second round of fee reductions because bookings were coming in at an alarmingly slow pace.
“Changing from payable on Sept. 1 to out of proceeds is a huge difference,” one breeder told the Paulick Report. “It gives a breeder two years of the use of his money. It should be the universal policy. It gives breeders the chance to stay in business. And let’s face it, the stallion farms need us. I guess you’ve got to really worry when stallion farms are hit; they’ve been in total control.”
“All the stallion managers announcing reduced fees want to be seen as benefactors,” said breeder Garrett Redmond. “In fact, they are trying to preserve their own business. Mare owners will be short of money next year because their 2008 sales were for less than needed or horses were not sold at all. They need help to pay fees due when foals stand and nurse in 2009. Reduction in fees due in spring 2010 will not help.”
“There’s a tendency to think the stallion guys took it to us for a long, long time and we overpaid, and we get even now,” said breeder Craig Bandoroff of Denali Stud. “That’s not totally fair. It’s a market economy ruled by supply and demand. I love the idea of stands and nurses, but if you want to pay on Nov. 1 you get a discount. That’s the best deal going. Payable Sept. 1 was terrible; you hadn’t sold your yearlings yet.”
“The pendulum is definitely swinging back from stallion farms to the mare owner,” said Olin Gentry of Gaines-Gentry Thoroughbreds. “Popularity and demand has allowed some farms to get away with Sept. 1, but there’s more and more pressure to give stands and nurses. There aren’t many holdouts.”
One farm staying with a Sept. 1 policy on some of its stallions is Airdrie Stud. “We believe that everybody has the right and should have the opportunity to set their stud fees according to the way they are the fairest relative to the product they are selling,” said owner Brereton Jones. “We raised Indian Charlie’s fee 50% and he’s already booked full; his fee is due Sept. 1.”
Jones said some other fees will be due at time of foaling. “We work with each breeder who calls in here, and it depends on the stallion they want to breed to; it’s the free enterprise system at its best. We’ll discuss packages with anybody; if someone wants to breed three mares to a stallion, we will work out an arrangement. I think the general attitude of breeders is that Airdrie’s fees have always been extremely fair, and consequently they’ve been successful.”
The key to Airdrie’s fees and schedule, Jones said, is flexibility. “Our policy is geared to the success of both the owners of the stallion and the owners of the mares.”
Darley set all stallion contracts for stands and nurses when it was established at the former Jonabell Farm Sheikh Mohammed purchased in 2001. In 2007, the farm introduced pay from proceeds fees that stallion nominations manager Charlie Boden said is actually a “pay when you sell with forgiveness” policy. “We try to assess the risk on the front end,” Boden said, “but if we’re wrong and the resulting offspring brings half the stud fee, we don’t bill them for the difference.” The policy was introduced a few years earlier at Darley’s stallion operation in England.
“We’re trying to help breeders make a prudent decision in not overbreeding a mare,” Boden said. “It makes more sense to people these days. I think the days of overbreeding mares should be screeching to a halt unless the stallion is overpriced.”
Darley’s policy lets breeders decide whether to pay from proceeds of a weanling or yearling sale. Not all stallions are eligible for the program; Boden said he tries to limit it to stallions standing for $20,000 or less.
Boden also said Darley has offered what he calls a “Grade 1 club” on certain stallions, giving a free season to mares that were Grade 1 winners or Grade 1 producers.
In light of Sheikh Mohammed’s enormous wealth, Boden was asked if these policies were designed to put the squeeze on competing stallion farms. “Sheikh Mohammed wants breeders to make money,” Boden said. “He wants the business to thrive. He’s a fan of the sport and the industry as a whole. He’s not trying to put anyone else out of business. He’s trying to help a breeder raise a top horse at a competitive price. His goal is to perpetuate an industry that he loves.”
Stonewall Farm’s first breeding season was 2006, and in order to make a splash in the industry it adopted several creative incentive plans for breeders. One offered free seasons (for stallions the farm owns wholly) to graded stakes-winning or graded stakes-producing mares. Another provides a free return season to stallions for mares that produced a stakes winner from that stallion. A third policy permits a breeder to come back for a free mating for a mare if it produced a top three weanling price for that sire.
In an effort to reach out to some of the lucrative state incentive programs, Stonewall is now offering a complimentary no-guarantee season for approved mares that will foal in Louisiana, New York or Pennsylvania, in exchange for being named co-breeder (the mare owner would remain the full owner of the foal). By so doing, Stonewall would be eligible for half of the breeders awards in those states.
The programs evolved from Stonewall’s owner, Audrey Haisfield, and her husband, Richard, according to Clark Shepherd, a Stonewall manager and pedigree analyst. “They looked at how things were done in the business and decided it didn’t have to be that way,” he said. “We’ve since seen a lot of other outfits begin to follow suit.”
Will the innovative policies, fee reductions and relaxed payment schedules be enough to help breeders return to profitability?
There seems to be no consensus on that question.
“In the face of the financial crisis, a lot of syndicate managers might be a little too dramatic in fee reductions,” said Olin Gentry, “particularly some of the ones that announced a second round of cuts. People are going to breed their mares; they’re just coming in slower because they are tentative, waiting to see if there are going to be more reductions.
“It’s all a cycle. If you put pressure on stallion values, what people are willing to pay for yearlings is affected. You need a happy medium where it’s fair. You don’t want the stallion owners to make all the money and you don’t want it too easy for the breeder. “
Garrett Redmond disagreed. “Owners can avoid a problem in 2010 by not breeding in 2009,” he said. “If stallion managers are serious about helping, they should retroactively reduce the fees contracted in 2008. The least they can do is change the fees coming due to the fees they are advertising for 2009. They might also convert contracts to foal shares or pay when you sell.”
“The one thing you are seeing is no matter what the advertised stud fee is, your client wants to know, ‘Can we do better?’” said Bandoroff.
Another breeder boiled it down to a simple good news/bad news scenario.
"The good news is prices are down for stallions," he said. "The bad news is it shows what deep shit we are in."
(Note to readers: Take our poll on how stallion farms have reacted in the face of the economic crisis and falling bloodstock prices. The Daily Paulick Poll can be found on the left-hand column of the Paulick Report home page.)
Copyright © 2008, The Paulick Report
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Tags: airdrie stud, audrey haisfield, breeders stimulus plan, brereton jones, charlie boden, clark shepherd, commercial breeders, craig bandoroff, darley, denali stud, gaines-gentry thoroughbreds, garrett redmond, indian charlie, jonabell farm, Keeneland, kentucky thoroughbred industry, Lane's End, olin gentry, Paulick Report, pay from proceeds, Ray Paulick, richard haisfield, sheikh mohammed, stallion farms, stonewall farm, stud fees, Thoroughbred breeding, thoroughbred stallions, walmac farm, yearling sales
Posted in Breeding, Kentucky, Stallions, Thoroughbred Business | 1 Comment »
Thursday, July 10th, 2008
It’s become something of a tradition in Kentucky politics for newly elected governors to dissolve the regulatory body for horse racing and create their own racing board. It’s something Brereton Jones, Ernie Fletcher and now Steve Beshear have done.
Governors in most other states are content to merely fill racing commissions with their hand-picked appointees as terms expire. In Kentucky, where horse racing is the number one industry and racing commissioners can wield considerable clout, there is more of a sense of urgency by governors and their allies.
The downside to this maneuvering is continuity in the regulation of the sport, and this latest iteration by Gov. Beshear to dissolve the Kentucky Horse Racing Authority and create the Kentucky Horse Racing Commission left no indication as to whether people like John Veitch, the chief steward for racing, and executive director Lisa Underwood have job security in the new regime.
There was good work being done by some members of the KHRA, and we can only hope that it will not go by the wayside. For example, one of the Authority members who was not retained on the new board, Franklin Kling, put considerable time and effort into issues related to wagering security, particularly past-post betting, or perceptions of past-post betting. It is common now, because of delays in communications from wagering hubs to the host track, for odds to change midway through a horse race. Clearly, the tote systems are not on par with the technologies in place for online banking and securities transactions, and there remains the potential for fraud and pool manipulation.
Many horseplayers are concerned that bets are being made after the start of a race, and some racetrack executives privately fear the same thing. There have been instances in Kentucky where that’s happened on simulcast races, and professional horseplayer Mike Maloney was brought in by the Authority to advise them on the issue. The latest example appears to have occurred at Philadelphia Park recently, when the Scientific Games totalizator system malfunctioned, allowing simulcast bettors at Tampa Bay Downs and possibly other locations to place wagers during and after the running of the fourth race June 28.
Kling provided at no cost to the commission information technology personnel from his company to examine the issue of tote communications and past posting, and according to sources there was progress in that area. This is a serious issue that needs attention, and there is no reason to discard the work that Kling and other members of a wagering security committee have done.
Fortunately, the man who advised Gov. Beshear on the appointments to the new commission, Thoroughbred owner-breeder Tracy Farmer, is a sharp and highly ethical individual, knowledgeable about the industry, and perceptive about what the public expects from a regulatory body. Farmer and his wife Carol have been strong supporters of horse rescue and retraining operations, something that many people in the industry have ignored for too long.
The commission includes some members whose background does not appear to have any connection to racing and is probably nothing more than political patronage. However, the retention of attorney Robert Beck as chairman was a wise move, as was the appointment of several people with both knowledge and experience in racing matters.
One example is attorney Ned Bonnie of Louisville, who is an expert in the medication field, having helped develop regulations for the sport horse world. Bonnie has been involved in numerous industry committees and has strong opinions about cleaning up the game. His involvement in the Thoroughbred industry goes back many year and includes a close friendship and association with the late Kent Hollingsworth, the esteemed, longtime editor of Bloodhorse magazine whose "hat, oats and water" mantra Bonnie had emblazoned on a sweatshirt that he frequently wore while jogging.
Farmer appears to have advised Beshear to balance the board with diverse views. Trainer John Ward has fought for tighter restrictions on medications while heading the Kentucky Thoroughbred Association and Frank Jones has been a voice for the Kentucky Horsemen’s Benevolent and Protective Association, which tried to keep Kentucky’s permissive medication rules intact. The inclusion of a veterinarian, Foster Northrup, is another move that will diversify the board’s makeup.
The best news came on Wednesday, when the new commissioners were sworn in, and Beck and Farmer indicated that they intend to pursue regulations for anabolic steroids.Steroids have been one of the sport’s dirty little secrets. There will be efforts to keep their use legal in Kentucky, and some veterinarians may say that their use benefits the health and welfare of the horse. But public perception is very important, and right now horse racing is losing that battle in a very big way. It’s time for steroids to be banned: period.
The political tradition by newly elected Kentucky governors to dissolve racing commissions and create new spots for political supporters can lead to problems. Fortunately, the people involved in the process in 2008 have the best interests of racing at heart.
Let’s hope there is a seamless transition. People who regulate Kentucky racing should be looked upon as national leaders. That hasn’t always been the case.
By Ray Paulick
Copyright ©2008, The Paulick Report
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Tags: brereton jones, ernie fletcher, foster northrup, frank jones, franklin kling, john veitch, john ward, kent hollingsworth, kentucky horse racing authority, kentucky horse racing commission, lisa underwood, mike maloney, ned bonnie, past-posting, Paulick Report, ray paulick horse racing, robert beck, steve beshear, tracy farmer
Posted in Industry Organizations, Kentucky, Regulatory Issues | Comments Off
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