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 Tried and True
Posts: 21185
   
Location: Where I am happiest | Here is their posted announcement. Future Fortunes will no longer have a waiting list to enroll a Stallion in the program. There are NO CHANGES for currently enrolled FF Stallions. Criteria for new Stallions enrolling for 2018 will be:... * Stallion must provide official Stallion Reports showing 25 mares have been COVERED ( NOT per year or foals registered ) * Nomination dates for NEW Stallions only will be from March 15 - May 15 of the year prior to enrollment. * New Stallion only nomination form will be on the FF website this month. The FF Stallion waiting list, while it was an asset in creating our program, has turned into a liability. The cloud of doubt over how the waiting list worked questioned the integrity of our program. This will eliminate any question. FF was created to help the barrel racing industry. This goal has never changed. It has governed every decision we have ever made. Future Fortunes is successful because of the amazing people that are involved in this program – Owners, Breeders, Stallion Owners, Riders and Show Producers. In 2003 our slogan was “The sky is the limit!” We still believe this. Join us as we continue to move forward. By us WORKING TOGETHER, we could payout $1 million in one year. Yes, the sky is still the limit! Thank YOU for making this dream a reality!  ?? PS. FF will payout over $820,000 in CASH in 2017! |
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 Miss Laundry Misshap
Posts: 5271
| What I was trying to determine out of that post was if you can enroll any stud now if willing to pay the fee and he meets the requirements. |
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 Swiffer PIcker Upper
Posts: 4015
Location: Four Corners Colorado | Nateracer - 2017-01-04 8:32 AM What I was trying to determine out of that post was if you can enroll any stud now if willing to pay the fee and he meets the requirements.
wondering the same thing.
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 That's White "Man" to You
Posts: 5515
| You can enroll any stallion that has at least 25 registered babies and you are willing to pay $2,800 each year. |
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Regular
Posts: 84
| I do believe that is how it is going to work now. After reading about it on their facebook post, that is the way it is made out to be anyway. There are tons of people throwing a fit about it saying it takes away the "prestigious" reputation of the program. Which i particularly agree with to an extent... but there aren't enough shows near me for me to get real upset about it just yet. |
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That's White "Man" to You
Posts: 5515
| Most small time breeders arent going to be able to pay the $2,800 each year. So I dont see the program going to crap overnight. My bet is you are going to see the same stallions in the program, and you will see the lower tier stallions come and go. The benefit is that there will be more money available to everybody participating, but it will still be the top shelf stallions, breeders, and owners winning it. To be honest, I'm excited for the change, even though I'm sure it will take some time to work out the bugs. |
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That's White "Man" to You
Posts: 5515
| The ones I feel bad for are all the fools that just forked over $10,000 for their FF spot. Haha. |
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Elite Veteran
Posts: 1165
Location: California | The way they have explained it multiple times on their facebook page is the stallion only has to of covered 25 mares, the foals don't have to be registered or even born yet. |
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 You get what you give
Posts: 13030
Location: Texas | People used to complain that FF was an insider "club" where people who had connections could get their stallion in when others had to wait 5 years or whatever on the wait list. Those same people now complain that FF is open to everyone.. Which I mean, if I had to wait 5 years to get into a club and then now that I'm in everyone else gets to come in too, I would probably be a little upset over it. But, I also think that's a bit childish to want to stay exclusive now that you're in the "club" since it was hard for you to get in and now your friends can get in without waiting.
As a mare owner and breeder, I am thrilled that it is open for everyone now. There were times when I scrolled and scrolled on the FF website looking for something new or fresh.
Some stallion owners have complained that after having joined FF, their books haven't increased at all. But in my opinion, FF is only one part of what makes a stallion desirable. |
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Tried and True
Posts: 21185
Location: Where I am happiest | Whiteboy - 2017-01-04 9:50 AM
Most small time breeders arent going to be able to pay the $2,800 each year. So I dont see the program going to crap overnight. My bet is you are going to see the same stallions in the program, and you will see the lower tier stallions come and go. The benefit is that there will be more money available to everybody participating, but it will still be the top shelf stallions, breeders, and owners winning it. To be honest, I'm excited for the change, even though I'm sure it will take some time to work out the bugs.
Agreed!! I think it's a great move. |
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 Color Coordination Director
| casualdust07 - 2017-01-04 10:13 AM People used to complain that FF was an insider "club" where people who had connections could get their stallion in when others had to wait 5 years or whatever on the wait list. Those same people now complain that FF is open to everyone.. Which I mean, if I had to wait 5 years to get into a club and then now that I'm in everyone else gets to come in too, I would probably be a little upset over it. But, I also think that's a bit childish to want to stay exclusive now that you're in the "club" since it was hard for you to get in and now your friends can get in without waiting. As a mare owner and breeder, I am thrilled that it is open for everyone now. There were times when I scrolled and scrolled on the FF website looking for something new or fresh. Some stallion owners have complained that after having joined FF, their books haven't increased at all. But in my opinion, FF is only one part of what makes a stallion desirable.
Since I am sure this was directed about my post, I am going to add my opinion. The issue that I have is yes we waited our time, 9 yrs to be exact, when the spot was offered we had to take it, knowing that our stallion was not going to have babies old enough to run for 5 years.... 5 years multiplied by $2500...that is $12,500 that has been paid into out of pocket because we HAD to take the spot or we would lose the option. Then lets add the fact that most people have no idea that the stallion owners are funding this program at over $600,000 a year coming from stallion owners we only get a return of 10%, which from everyone I have talked to is actually less that ONE PERCENT on rate of return for the stallion owners. Every stallion owner that has a spot did it to because it makes the babies worth a small percentage more, thats is the ONLY return we get it on our investment. We sure as heck dont get any thank yous for spending tens of thousands of dollars so that the colts and whom ever owns them at the time they are competing get that extra money. Future Fortunes is a wonderful program for the people who own the offspring, it doesnt pay like a slot machine for the stallion owners contrary to what every seems to think. Stallion owners put their horses in these programs to please the mare owners and the people who are running the babies. We do it because we believe in our horse and his ability to produce something that is successful. |
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Tried and True
Posts: 21185
Location: Where I am happiest | casualdust07 - 2017-01-04 10:13 AM People used to complain that FF was an insider "club" where people who had connections could get their stallion in when others had to wait 5 years or whatever on the wait list. Those same people now complain that FF is open to everyone.. Which I mean, if I had to wait 5 years to get into a club and then now that I'm in everyone else gets to come in too, I would probably be a little upset over it. But, I also think that's a bit childish to want to stay exclusive now that you're in the "club" since it was hard for you to get in and now your friends can get in without waiting. As a mare owner and breeder, I am thrilled that it is open for everyone now. There were times when I scrolled and scrolled on the FF website looking for something new or fresh. Some stallion owners have complained that after having joined FF, their books haven't increased at all. But in my opinion, FF is only one part of what makes a stallion desirable.
Exactly!! FF is a definate bonus but it does not determine who is a sire of winners or not. People know who the producers are and being in the incentive is not suddenly going to make a horse a sire of winners. |
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Regular
Posts: 84
| Whiteboy - 2017-01-04 10:50 AM
Most small time breeders arent going to be able to pay the $2,800 each year. So I dont see the program going to crap overnight. My bet is you are going to see the same stallions in the program, and you will see the lower tier stallions come and go. The benefit is that there will be more money available to everybody participating, but it will still be the top shelf stallions, breeders, and owners winning it. To be honest, I'm excited for the change, even though I'm sure it will take some time to work out the bugs.
I wholeheartedly agree with small time people not paying each year. However I do believe that if I owned a stud horse,(which I do not) after having so many babies, I may fork over the 2800 to get my babies grandfathered into the program. Even if it was a once every 5 years or so.
And not saying its going to crap... Again, there are like 2 shows within 6 hours of my house. I have a FF horse, but obviously don't get to compete for it much with the limited number of shows here. So for me, with my whopping 2 open FF shows a year, I always make money on my 2-3d FF horse.. with this changing, the above may or may not happen, and for me it is less incentive to own a FF horse or pay to have a baby put in the program in general because there will be more and more competition when opening up. If any of that makes sense. I didnt buy my horse for the excitement of running at FF shows for extra money. Not saying this is how it will or will not be.. Just my two cents, not trying to start a debate  |
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You get what you give
Posts: 13030
Location: Texas | mbcruel21 - 2017-01-04 10:29 AM
casualdust07 - 2017-01-04 10:13 AM People used to complain that FF was an insider "club" where people who had connections could get their stallion in when others had to wait 5 years or whatever on the wait list. Those same people now complain that FF is open to everyone.. Which I mean, if I had to wait 5 years to get into a club and then now that I'm in everyone else gets to come in too, I would probably be a little upset over it. But, I also think that's a bit childish to want to stay exclusive now that you're in the "club" since it was hard for you to get in and now your friends can get in without waiting. As a mare owner and breeder, I am thrilled that it is open for everyone now. There were times when I scrolled and scrolled on the FF website looking for something new or fresh. Some stallion owners have complained that after having joined FF, their books haven't increased at all. But in my opinion, FF is only one part of what makes a stallion desirable.
Since I am sure this was directed about my post, I am going to add my opinion. The issue that I have is yes we waited our time, 9 yrs to be exact, when the spot was offered we had to take it, knowing that our stallion was not going to have babies old enough to run for 5 years.... 5 years multiplied by $2500...that is $12,500 that has been paid into out of pocket because we HAD to take the spot or we would lose the option. Then lets add the fact that most people have no idea that the stallion owners are funding this program at over $600,000 a year coming from stallion owners we only get a return of 10%, which from everyone I have talked to is actually less that ONE PERCENT on rate of return for the stallion owners. Every stallion owner that has a spot did it to because it makes the babies worth a small percentage more, thats is the ONLY return we get it on our investment. We sure as heck dont get any thank yous for spending tens of thousands of dollars so that the colts and whom ever owns them at the time they are competing get that extra money. Future Fortunes is a wonderful program for the people who own the offspring, it doesnt pay like a slot machine for the stallion owners contrary to what every seems to think. Stallion owners put their horses in these programs to please the mare owners and the people who are running the babies. We do it because we believe in our horse and his ability to produce something that is successful.
I did read your post but I have seen many posts about FF over the past couple of years and from talking to stallion owners themselves about whether to pay in or not so I wasn't directing anything at you personally. I'm not a stallion owner, so I look at breeder incentives on what they can do for me- a breeder and owner of the colts, not on the stallion side of things. I'm sure my opinion may be different if it affected me in a different way.
I don't think Future Fortunes was ever designed to benefit stallion owners more than other facets of the market, it was designed to pay out the owners of the competing horses. The other incentive programs tend to favor the stallion owner over the breeder.
FF pays the owner of the horse 70%, then breeder 20% then stallion owner 10%
Triple Crown places the stallion owner over the breeder
And then BBR select stallion stakes, from what it looks like, only pays the owner of the foal and the stallion owner.
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Tried and True
Posts: 21185
Location: Where I am happiest | They are saying in 2018 all older foals from previously enrolled stallions who did not enroll as foals will be able to enroll for $500. No longer will be the huge fee to enroll older horses who did not enroll. |
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Who Wants to Trade?
Posts: 4692
| ThreeCorners - 2017-01-04 10:48 AM
They are saying in 2018 all older foals from previously enrolled stallions who did not enroll as foals will be able to enroll for $500. No longer will be the huge fee to enroll older horses who did not enroll.
That could be really good for some of the race bred babies who went track first and breeders didn't think to enroll. |
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That's White "Man" to You
Posts: 5515
| Serenity06 - 2017-01-04 9:58 AM The way they have explained it multiple times on their facebook page is the stallion only has to of covered 25 mares, the foals don't have to be registered or even born yet. Yesterday a girl asked Mary Ellen what if the foal was out of a grade mare... Her relpy was that the foal had to be registered with the Half Quarter Registry before it could be counted toward the 25. She then clarified that they must have 25 registered foals because stallion reports are not verifiable to anybody but the stallion owner and AQHA.
ETA: This appears to be one of the kinks they need to work out.
Edited by Whiteboy 2017-01-04 10:55 AM
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Who Wants to Trade?
Posts: 4692
| Whiteboy - 2017-01-04 10:50 AM Serenity06 - 2017-01-04 9:58 AM The way they have explained it multiple times on their facebook page is the stallion only has to of covered 25 mares, the foals don't have to be registered or even born yet. Yesterday a girl asked Mary Ellen what if the foal was out of a grade mare... Her relpy was that the foal had to be registered with the Half Quarter Registry before it could be counted toward the 25. She then clarified that they must have 25 registered foals because stallion reports are not verifiable to anybody but the stallion owner and AQHA.
ETA: This appears to be one of the kinks they need to work out.
Edited by kuhlmann 2017-01-04 10:59 AM
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Elite Veteran
Posts: 1165
Location: California | Whiteboy - 2017-01-04 9:50 AM
Serenity06 - 2017-01-04 9:58 AM The way they have explained it multiple times on their facebook page is the stallion only has to of covered 25 mares, the foals don't have to be registered or even born yet. Yesterday a girl asked Mary Ellen what if the foal was out of a grade mare... Her relpy was that the foal had to be registered with the Half Quarter Registry before it could be counted toward the 25. She then clarified that they must have 25 registered foals because stallion reports are not verifiable to anybody but the stallion owner and AQHA.
ETA: This appears to be one of the kinks they need to work out.
Ya it doesn't sound like they are all on the same page then. I'm sure there are entry of kinks to work out. |
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 Belle Of The Rodeo
Posts: 1337
Location: Pa | Whiteboy - 2017-01-04 10:51 AM
The ones I feel bad for are all the fools that just forked over $10,000 for their FF spot. Haha.
Can you explain this to me. I'm not very familiar with how FF works. Who pays 10,000 for what?
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