Triple Crown and Breeders' Cup Classic winner American Pharoah, who arrived at Coolmore's Ashford Stud in Versailles, Ky., on Monday morning, will stand his initial season for $200,000 live foal, sports business writer Darren Rovell reported Thursday on ESPN.com. This was confirmed when Ashford Stud released its 2016 stud fees Friday morning.
Zayat Stables sold the breeding rights to Coolmore/Ashford either late in 2014 or early 2015 in a deal that was announced following American Pharoah's Kentucky Derby win. No price was disclosed, but various reports pegged the base amount at just below $10 million, with bonuses for victories in Triple Crown, Breeders' Cup and other Grade 1 races, and possibly for Eclipse Awards. Based on the anticipated $200,000 initial live foal fee and Ashford's propensity for breeding stallions to large books of mares, first-year revenue could approach $40 million in the Northern Hemisphere.
The $200,000 fee is the highest first-year fee for any stallion since Ghostzapper entered stud at Adena Springs for that same amount in 2006. The previous high for a first-year stallion was Fusaichi Pegasus, who commanded $150,000 when he was retired to Ashford Stud to stand in 2001. Point Given began his stud career at $125,000 live foal in 2002 and Smarty Jones stood for $100,000 in 2005, his first year at stud. The latter two initially stood at Three Chimneys.
Demonstrating how difficult it is for stallions to succeed, no matter high the initial expectations, Ghostzapper stood for $60,000 in 2015, Fusaichi Pegasus for $7,500, Point Given for $7,500, and Smarty Jones $4,000.
Pioneerof the Nile, the sire of American Pharoah, will stand for $125,000 at WinStar Farm in 2016, more than double his $60,000 advertised fee in 2015. Empire Maker, sire of Pioneerof the Nile, will have a $100,000 stud fee at Gainesway Farm, after returning from Japan, where he stood from 2011-15.
The fee for Scat Daddy will increase from $35,000 to $100,000. Ashford also announced the fee for leading freshman sire Uncle Mo will jump from $25,000 to $75,000 and leading second crop sire Munnings from $12,500 to $25,000.
The complete list of Ashford stallions with 2016 fees (2015 fees), all on a live foal stands and nurses basis, are:
American Pharoah, $200,000 (new)
Competitive Edge, $12,500 (new)
Declaration of War, $40,000 ($40,000)
Fusaichi Pegasus, $7,500 ($7,500)
Giant's Causeway, $85,000 ($85,000)
Lookin At Lucky, $20,000 ($25,000)
Magician, $10,000 ($10,000)
Munnings, $25,000 ($12,500)
Scat Daddy, $100,000 ($35,000)
Shanghai Bobby, $15,000 ($15,000)
Stay Thirsty, $10,000 ($10,000)
Tale of the Cat, $30,000 ($30,000)
Uncle Mo, $75,000 ($25,000)
Verrazano, $20,000 ($22,500)
Correction: The original version of this article had the wrong day for American Pharoah's arrival at Ashford. He arrived on Monday.
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