Kentucky Derby Consignor Standings Presented By Keeneland: Final Countdown Sees Sequel New York, Taylor Made On Top

When a young horse goes through the ring at any auction, a few cents of every dollar in the hammer price is spent on the hope that the horse will one day end up in the Kentucky Derby. Before they can be bought, though, they have to be found.

At the end of a Derby trail that had a four-month detour, we have a final picture of which consignors had the most success producing horses who earned Derby qualifying points for this year's race, both in quantity and quality. Of the 18 horses with intentions to run as of Monday afternoon, 15 went through the ring at least once at public auction, and all but two of those earned points for their consignors in this year's Kentucky Derby Consignor Standings.

Tiz The Law has been the de facto leader of his division for much of the Derby prep season, and when he ascended to the top of the points standings, his consignor Sequel New York joined him. The son of Constitution was Sequel's only graduate to earn points on this year's Derby trail, but the postponement of the race from May to September left him and Sequel with an astronomical 372 points as the runners descend on Churchill Downs.

Tiz the Law's accumulation journey began at Churchill Downs, where he earned two points for a third-place effort in the G2 Kentucky Jockey Club Stakes. He then picked up 10 points when he won the G3 Holy Bull Stakes, and he cemented himself as a top contender following a 100-point triumph in the G1 Florida Derby. From there, Tiz the Law piled it on during his summer campaign, earning 150 points by winning the Belmont Stakes, and another 100 points in the G1 Travers Stakes.

Sequel was the top consignor by Derby points, both in the overall standings and among consignors of yearlings. The top point-getter among consignors specializing in 2-year-old sales was Randy Bradshaw, who had 150 points on the lone strength of Nadal.

A son of Blame, Nadal picked up 40 points in the G2 Rebel Stakes, then earned 100 points by winning the second division of the G1 Arkansas Derby.

Nadal was an incredibly successful pinhook for Bradshaw, who bought him for $65,000 at the 2018 Keeneland September Yearling Sale, then sold him for $700,000 at last year's Fasig-Tipton Gulfstream Selected 2-Year-Olds in Training Sale.

Taylor Made Sales Agency led all consignors on this year's Kentucky Derby trail by the number of horses that earned qualifying points, with nine.

The group was led by Shotski, a Blame colt who picked up 19 points with a win in the G2 Remsen Stakes, a second in the G3 Withers Stakes, and a fourth in the G2 Fountain of Youth Stakes. The Taylor Made Grade 1 graduate board added another name last fall when Eight Rings, by Empire Maker, won the G1 American Pharoah Stakes and earned 10 points. Texas Swing, a son of Curlin, also earned 10 points with a third in the G2 Tampa Bay Derby.

Other Taylor Made graduates to pick up points on the Derby trail include Three Technique (Mr Speaker, 9 points); Scabbard (More Than Ready, 9 points); Arkaan (Into Mischief, 4 points); Cosmo (Distorted Humor, 4 points); Earner (Carpe Diem, 2 points); and Super John (Super Saver, 2 points).

Taylor Made will also send graduate Mr. Big News, a son of Giant's Causeway, into the Derby starting gate without any qualifying points.

A pair of juvenile consignors tied for the most point-earners, each with three.

Top Line Sales graduates picked up a combined 131 points on the Derby trail, led by Ny Traffic, a son of Cross Traffic who earned 110 points with runner-up efforts in the G1 Haskell Stakes, G2 Louisiana Derby, and G3 Matt Winn Stakes, along with a third in the G2 Risen Star Stakes.

The Top Line consignment also featured Candy Tycoon, an earner of 20 points by Twirling Candy, and Gozilla, by Flatter, who earned one point.

Wavertree Stables also saw three graduates earn points, including Country Grammer, a first-crop Tonalist colt who got 50 points for winning the G3 Peter Pan Stakes.

Independence Hall, also from a first-crop sire in Constitution, picked up 14 points with a win in the listed Jerome Stakes and a runner-up effort in the G3 Sam F. Davis Stakes. Rounding out the trio of first-crop point-earners was Wrecking Crew, who picked up five points with a third in the Breeders' Cup Juvenile and a fourth in the G2 Los Alamitos Futurity.

Though the horse enters the first Saturday in September with no qualifying points, Wavertree Stables' graduates on this year's trail also include Money Moves, a son of Candy Ride who is a likely Derby starter.

As the field of potential Derby starters stands through Monday afternoon, Lane's End is the only consignor with multiple graduates scheduled to enter the starting gate.

Max Player, a first-crop son of Honor Code, has 60 points after winning the G3 Withers Stakes and finishing third in the Belmont Stakes and G1 Travers Stakes. Sole Volante, also a first-cropper by Karakontie, picked up 30 points with a victory in the G3 Sam F. Davis Stakes and a runner-up effort in the G2 Tampa Bay Derby.

Lane's End finished with the second-most point-earners on this year's Derby trail, with five.

The group was topped by Wells Bayou, a Lookin at Lucky colt with 104 points from winning the G2 Louisiana Derby and running second in the G3 Southwest Stakes. Arkaan, by Into Mischief, who earned four points with a third in the listed Pegasus Stakes. Express Train, by Union Rags, earned one point for running fourth in the American Pharoah Stakes.

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Kentucky Derby Consignor Standings Presented By Keeneland: Swiss Skydiver Defied Conventional Auction Wisdom To Succeed

When Swiss Skydiver won the Grade 3 Fantasy Stakes earlier this year, Elliott Walden of breeder WinStar Farm sent out a tweet noting that the filly had lucencies in her condyles as a yearling that put a defined ceiling on her commercial value when she was sold as a yearling.

That story was all too familiar in the history of the Select Sales consignment, which famously sold a long list of high-level runners that started with minor dings on their vet reports during the company's operation from 2009 to 2020.

After Swiss Skydiver jumped into the deep end to test colts in the G2 Blue Grass Stakes, and nearly pulled it off with a gritty second to Art Collector, former Select Sales partner Carrie Brogden said it was just another example of physical presence and patience winning out.

“When we originally looked at our group, when WinStar decides which horses we're going to get the chance to sell, she was originally slated for our [Fasig-Tipton] July consignment,” Brogden said. “The first time I saw her, she was this big-bodied, strong filly, and that's when David [Hanley, WinStar general manager] said, 'We're actually not putting her in your July consignment. We're gonna have to push her back to September because of the x-rays.”

The first-crop Daredevil filly's trouble passing the vet took her from a sale for early-bloomers to Book 4 of the 2018 Keeneland September Yearling Sale, where she was offered as Hip 2997.

Swiss Skydiver drew the attention of trainer Kenny McPeek, who has staked much of his career on finding diamonds in the rough at auction by knowing what items on a vet report can be forgiven and outgrown.

“Kenny is one of the best of the best in my opinion for knowing what things he can deal with x-ray wise, and what he can't,” Brogden said. “I think that's why he gets so many bargains, because he has a very good hold – much more so than most of the trainers that I deal with – on what works and what doesn't work.

“Anytime you have stuff written on the stifles or knees, you have a lot of people who don't have a lot of experience with that,” she continued. “If people see stuff in the stifles or knees, they always get scared. When [Swiss Skydiver] was in the back ring, she stuck out as a physical filly, but even if she had 15 repository checks, it's not like a lot of them would be passing her.”

McPeek landed the winning bid on the filly for $35,000, and she'd go on to run for owner Peter Callahan.

The price obviously seems like a bargain now for a multiple Grade 2 winner and earner of $677,980, much less one that can hang with her male counterparts. The filly's transaction was just above the session's median sale price of $32,000, but both sides of the exchange knew the trainer likely got a deal.

Education efforts are starting to sink in that a clean yearling vet report isn't the only path to finding a successful runner at auction. The stories of horses that became champions with dings on their reports has become too long to deny, and Brogden adamantly drove that point home when it comes to assessing the next class of hopefuls.

“If a horse goes from a clean-vetting horse to a 'non-vetter,' the discount for risk, if they're still a great physical, is built into the price,” she said. “The discount to cover that risk is built-in, so instead of paying $100,000 for a yearling and having the same training bills, the discount's there.

“If you only want Ferraris, those are going to be different buyers. But, if you have people that are willing to buy a Ferrari with maybe a dent in the bumper at a 70 percent discount, it drives the same,” Brogden continued. “It's what we see all the time.”

McPeek said Swiss Skydiver is likely to target the Kentucky Oaks despite her solid showing against the boys, but the Kentucky Derby qualifying points she earned for her Blue Grass effort has put Select Sales in fourth place on the Derby Consignor Standings list.

Joining Swiss Skydiver among Select's graduates with Derby points are Belmont Stakes runner-up Dr Post (second choice on the morning line in Saturday's G1 Haskell), multiple Grade 1-placed Gouverneur Morris, and Remington Springboard Mile Stakes winner Shoplifted.

Success of that caliber is something to be celebrated, but it won't serve to build the consignment's reputation. The partners of Select Sales announced in February that the consignment would be disbanded, ending an 11-year run that saw the operation handle the likes of champion Tepin, Pegasus World Cup winner Mucho Gusto, and Grade/Group 1 winners Dream Tree, Mind Your Biscuits, Gift Box, Promises Fulfilled, and Twilight Eclipse.

Brogden will remain in the consignment arena at the upcoming yearling sales, selling under the Machmer Hall Sales banner. She'll be joined by fellow Select partners Amy Bunt and Tom and Michelle Mullikin. Among Select's other partners, Andrew Cary founded Cary Bloodstock to serve clients as an agent and advisor, while Jay Goodwin joined Eaton Sales as an account manager.

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Kentucky Derby Consignor Standings Presented By Keeneland: Knowlton’s Million-Dollar Stretch For Tiz The Law

Since we've already examined the purchase of Belmont Stakes winner Tiz the Law from the perspective of consignor Sequel New York in this series – which can be read here – this time around, we'll look at the transaction from the viewpoint of Jack Knowlton of Sackatoga Stable and trainer Barclay Tagg.

Anytime someone whispers “one more time” in the ear of the person beside them at a Thoroughbred auction, the goal is to not become the unfortunate person that let the next great racehorse slip away over a few thousand bucks.

Most of the time, that “one more time” bid isn't the one that saves a superstar from the clutches of another owner, but Jack Knowlton's $10,000 stretch over budget to land Tiz the Law at the 2018 Fasig-Tipton New York-Bred Yearling Sale swung the fate of a future Belmont Stakes winner and earner of more than $1.1 million to date.

Knowlton entered the Humphrey S. Finney Pavilion that day with a $100,000 budget targeted for Hip 311, a first-crop Constitution colt out of the Grade 2-winning Tiznow mare Tizfiz. The colt had passed every physical, pedigree, and veterinary test that trainer Barclay Tagg and assistant trainer Robin Smullen put before him, and trusting a partnership that spans 25 years, Knowlton decided to bid on Tiz the Law one more time.

“We went to $95,000, and we were going to lose him when the other guy went to $100,000,” Tagg said. “Jack didn't really want to go over $100,000, and then I looked over at him and he said, 'Go $10,000 more.' I'm glad we did…Turned out, it was a pretty good price.”

Though it was more than he planned to spend, Knowlton said the hammer price on Tiz the Law was safely within the $50,000 to $150,000 range of a normal Sackatoga Stable purchase. Based out of Saratoga Springs, N.Y., the operation buys New York-bred yearlings and 2-year-olds almost exclusively, making Fasig-Tipton's New York-Bred Yearling Sale a destination event every year.

The Sackatoga operation tends to have about four horses in the stable at any given time, so with two fillies already on the team, Knowlton sent Tagg and Smullen looking for a colt at the New York-Bred Sale. The duo was responsible for Sackatoga's private purchase of dual classic winner and champion Funny Cide as a 2-year-old, which has earned them Knowlton's unflinching trust in the bloodstock realm.

“They have many, many decades of knowledge,” Knowlton said. “I have not tried to become an expert, because I have them at my side. My role is to make sure I can raise the capital to pay for the horses they pick out. I've learned I can go through the catalogs and we'll compare notes, but because I'm pretty much using the methodology that I learned from them, most of the time, we're on 80 or 90 percent of the same horses.”

Tiz the Law was stabled in consignor Sequel New York's usual corner of Barn 6 on Fasig-Tipton's Saratoga sales grounds. Tagg said he does not have a cookie-cutter picture of what he looks for in a horse at auction, but strong conformation and athleticism are musts.

“We just really liked him because he had such good bone on him, and his conformation was very correct,” Tagg said about a yearling Tiz the Law. “When you're trying to buy horses, you're trying to get the best conformation and the soundest-looking ones you can get, and they also have to have some pedigree to go with it, depending on what you're looking for.”

The colt was one of about four horses that passed muster with Tagg and Smullen after physical inspections. After the veterinarian's report came back with high marks, he was pegged as one of Sackatoga's primary targets in the catalog. It took a little bit more than expected to get the hammer to fall, but the result was life-changing.

Looking to the future, Tiz the Law would have easily qualified for the Kentucky Derby if it had been held in May, following a dominant spring campaign, but the 272 qualifying points that the colt sits on for the rescheduled classic in September all but guarantees him a spot in the gate. Tiz the Law's class-leading number of qualifying points also put Sequel New York safely on top in the latest Kentucky Derby Consignor Standings all on his own.

It's an exciting time for Tiz the Law's connections, but there is little time to rest on one's laurels in horse racing – especially on the accelerated calendar brought about by the COVID-19 pandemic. Not long after rounding the first turn in his chase for a Triple Crown, Knowlton said he and Tagg will be headed to Timonium, Md., next week for the Fasig-Tipton Midlantic 2-Year-Olds in Training Sale, with the aim of finding the next great New York-bred to team with the best New York-bred going today.

 

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