New Kentucky stallions for 2014 include Grade 1 winners like Oxbow, Shanghai Bobby, Take Charge Indy, Justin Phillip, Liaison, Violence, Jimmy Creed, Overanalyze and Denman among many others.
None of them will have a stud fee as high as Point of Entry, the five-year-old son of Dynaformer who will command a whopping $25,000 stud fee in his first season.
Pretty crazy, right? I’m not sure how Adena Springs arrived at this number.
Sure, Point of Entry is a five-time Grade 1 winner and his female family is top of the line. He was a tremendous racehorse and that is not disputable. The problem is that he was as a tremendous turf router.
Aside from Kitten’s Joy, there isn’t a single turf router that has a fee like this. Moreover, aside from Kitten’s Joy, turf routers don’t produce dirt form and let’s face it; that’s what buyers want.
With very few exceptions to the rule, turf routers do not make good stallions. Could Point of Entry buck the trend? There is always a chance, but do you want to bet a $25,000 stud fee on it?
Another problem I have with Point of Entry is that he never won as a two-year-old. When I look at a stallion I want to see black type at two and then again at three. It shows that the stallion was precocious and therefore has a chance to produce precocious racehorses.
Those are the types of horses buyers at the Fasig-Tipton and Keeneland sales are trying to find. They want the horse that can win a race like the Breeders’ Cup Juvenile and set down the path for the Triple Crown.
I have little to no faith in Point of Entry’s ability to produce that kind of racehorse. Another downgrade comes from the fact that he never beat winners on dirt.
It’s hard to picture this horse having hot yearlings in his first crop. Let’s face it; buyers are going to favor a yearling by Violence over Point of Entry and that one stands for $10,000 less.
Point of Entry could have been a darling of the breeding community in the $10,000-$15,000 range, but Adena Springs has out kicked their coverage on this one.