$50M for Big Brown
The owners of Preakness and Kentucky Derby winner Big Brown have agreed to a $50 million deal to syndicate the horse’s breeding rights to Kentucky’s Three Chimneys Farm, NBC Sports reported.
Michael Iavarone, co-president of IEAH Stables, said he could not confirm the $50 million figure but said he was proud to do business with Three Chimneys.
Henry Clay, president of Three Chimneys said he is happy to wait until Big Brown is done racing before sending him to stud.
Reports said that Big Brown would not race as a 4-year-old and might be retired immediately after the Belmont, especially if he wins that race. However, trainer Rick Dutrow said he would like to race Big Brown in the Breeders’ Cup Classic later this year.
Big Brown is by the Danzig sire Boundary, a sprinter who won six of his eight starts, from the Nureyev mare Mien, and was bred in Kentucky.
