NBA team co-owner new investor in Three Chimneys Stallions

by | 08.01.2011 | 6:22pm

PRESS RELEASE

Everett Dobson has invested as a minority partner in Three Chimneys Stallions, LLC. Dobson was the founder and Executive Chairman of Dobson Communications Corp. of Oklahoma City, which was sold to AT&T in 2007, and is an owner of the NBA's Oklahoma City Thunder. Dobson races as Cheyenne Stables and owns a Thoroughbred nursery in Central Kentucky. Dobson's investment does not include Three Chimneys Farm or any of their other lines of business, which include consignment, boarding and bloodstock management.

“With this injection of new capital, we have strengthened our ability to continue to compete for top new stallions,” said Three Chimneys President Case Clay. “Everett shares our values and has been a great friend and client of the farm for years.”

“Three Chimneys is a world-class brand with a sterling reputation and a promising group of young stallion prospects. I am excited about the opportunity to be involved with the Clays and their professional management team,” said Dobson.

Clay added, “Three Chimneys Farm will continue to recruit investors for its stallions and its stallion investor funds.”

Dobson will be joining Three Chimneys Stallions, LLC's Board of Directors. He will not be involved in day-to-day management.

Three Chimneys' stallion roster includes super-sire Dynaformer, up and coming stallions Sky Mesa and Exchange Rate, proven veterans Yes It's True, War Chant and Point Given and promising young stallions Big Brown, Flower Alley, Red Giant, Lewis Michael, and Good Reward.

Three Chimneys Farm began in 1972 with 100 acres and one broodmare barn. Today, the farm, which will celebrate its 40th anniversary in 2012, encompasses six divisions – four broodmare divisions, a yearling and sales prep facility, and their world-class stallion complex – spread across 2,300 acres. Three Chimneys also has offices in Japan, France and England.

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