What price for American Pharoah? Chad talks to the DRF
How much can Triple Crown hero American Pharoah command when he retires to Ashford Stud?
Chad Schumer spoke to the DRF about his stud prospects.
“To me, a $100,000 stud fee [for American Pharoah] certainly makes sense,” Schumer said. “We’ve had a rebounding market commercially. I think that sort of a number, plus or minus, makes sense. I think some of the people predicting $200,000 or more, that’s going to be hard to pull off. For a commercial breeder to be successful, the horse’s yearling average has to be $400,000 or more. That’s tough to achieve on a first-year horse.”
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