Welcome to Stallion View. My thoughts on stallions standing the the 2016 breeding season. All opinions are my own. These in no way represent the thoughts or opinions of the breeding farms where the stallions stand.
Pioneerof the Nile
(Empire Maker-Star of Goshen, Lord At War (ARG), 2006)
We all know, without a doubt, that Pioneerof the Nile's stud fee (set at $125,000 for 2016) is due to American Pharoah's Triple Crown win and crazy success on the track. Keep in mind, however, this fee is a minimum and will, more than likely, go up after the Breeders' Cup. With that information in mind, is Pioneerof the Nile worth his stud fee?
In 2015 (with a $60,000 stud fee), Pioneerof the Nile had 109 runners, forty-nine (45.7%) of which won races and only fifteen (14%) were repeat winners. To make numbers smaller, four (3%) horses in his crop were stakes runners, although the horses won nine stakes races. Of those four, ONE, yes ONE (0.09%) was a graded stakes winner (as well as a grade one winner). And that one? You guessed it, American Pharoah. Due to his foals earning $8,212,433 (of which $5,538,800, 67% of total earnings, was because of American Pharaoh).
Yes, I get it. Everyone wants a Triple Crown winner. Yes, I understand it. Pioneerof the Nile was the sire of the first horse to win a Triple Crown in 37 years. However, I will argue that American Pharoah's class comes from Littleprincessemma, who's grandsire is Storm Cat. Storm Cat was a notable damsire and it's obvious that it was passed on through the lines.
I've look at Pioneerof the Nile from a racing standpoint. Now, let's look at him from a sales point of view.
Starting with yearlings, the stallion had a total of 65 offered and had 53 (81.5%) sold. The yearlings brought $8,450,000, bringing the average to $166,887 and the median to $150,000. His twenty-seven (50.9%) colts brought a $201,185 average. The 26 (49%) fillies sold for a $131,269 average. These foals were bred with a $15,000 stud fee and a total of 108 were born.
Now on to two-year olds. With a $15,000 stud fee, Pioneerof the Nile only sired 62 foals. Of the twenty-seven offered, nineteen sold (70%). Twelve (63%) were colts and brought an average of $287,333. The seven (36.8%) fillies only brought $58,429.
In conclusion, Pioneerof the Nile's rankings and "success" is all due to American Pharoah. In my opinion*, find another stallion and get more bang for your buck. I don't agree with his stud fee, but it is not my place to input.
*-Please consult your bloodstock agent or broodmare manager before breeding a mare.
No comments:
Post a Comment