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6 40 Michael Iavarone, co-owner of Big Brown, says he cannot confirm the financial terms of BB's stud deal.
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Senior stud hand, Royal Studs.
If you sat down at a poker table with seven people to play five-card stud and dealt a brand new deck right out of the box, the results are a foregone conclusion because new cards are inserted in the box in order.
Big Brown will be retired at the end of this year at age 3 to stand stud for a deal valued at $50 million to $60 million.
In stud, the cards dealt face down are called "hole cards".
In a time of crisis, they were willing to take big risks and cut big deals studded with concessions even when some union members were calling them sellouts -- and they still managed to be re-elected to lead their unions time and again.
Kupchak however, has been hesitant to deal his young stud and rightfully so.
There's been plenty of interest for him to stand at stud, John Warren (bloodstock advisor) is dealing with that and we'll see what transpires.
"You know, up in our country, they say there's a good deal in the old stud...
"We always thought he was the real deal," said Peter Orton, the stud's manager, "and yes, we will definitely be on our way to England".
The liquor tycoon, who is known for his flamboyant lifestyle that includes yachts, vintage cars and a stud farm, closed perhaps the biggest deal of his life.
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