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Now that his career is over on the track, Kentucky Derby and Preakness Stakes winner will move on to life as a stud, but it won’t be at an American farm. I’ll Have Another was sold to Shigeyuki Okada’s Big Red Farm in Japan for a reported $10 million.

Paul Reddam reportedly had several offers from American farms, but at a much lower price than what he was offered by the Japanese farm. In comments made on his blog, Reddam stated; “Certainly greed has something to do with it”, “one offer was four times higher in cash than the best offer here,” and “I couldn’t rationalize not selling him overseas.” {1} There are also reports that Bodemeister sold to an American stud farm for future use, to the tune of nearly $13 million, so it’s hard to argue with Reddam getting the most out of his thoroughbred, given the large disparity in offers between Japanese and American farms. Reddam also touched on this in the blog, as well as the future plans he had for I’ll Have Another; “ I am saddened and surprised by my decision to sell IHA abroad, as I had assumed up until the day of his injury that he would run in the Breeders’ Cup Classic, the Dubai World Cup, maybe even the Arc, and then after his 4 year old season, or 5 year old season if he continued to win at the top level, that he would be a big time stud in Kentucky. So I have to question whether I am that shallow, as undoubtedly some folks would have kept the horse here despite the money. If the difference had been 2 million in valuation, I could have justified it, but it wasn’t, so I did what I did.”

Reddam brought I’ll Have Another back to the west coast, where he spent his early career, for a last hurrah at Santa Anita a couple of weeks ago, and he will now move him to Japan. Regardless of where he goes to stud or how his offspring fare, I’ll Have Another is a champion horse and history will always note that he had a spectacular, albeit short career.

{1} http://cs.bloodhorse.com/blogs/horse-racing-steve-haskin/archive/2012/07/09/hangin-with-haskin-paul-reddam-guest-blog.aspx

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