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By Knight-Ridder News Service | December 7, 1991
LEXINGTON, Ky. -- The stakes rose for Calumet Farm yesterday.An unidentified group bid $32.5 million for the farm and all its stallion interests, well above the $26.27 million offer that surfaced last week.But within a few hours of the second offer, Mutual Benefit Life, one of Calumet's main creditors, took the first step toward foreclosing on the farm."At these prices there won't be anything left for anybody," Henry Kinser, attorney for Mutual Benefit, said about the offers for the farm.
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By Jon Morgan and Jon Morgan,SUN STAFF | April 25, 1999
LEXINGTON, Ky. -- Towering sycamores line the approach, pregnant with buds. Gangly yearlings graze on the bluegrass, close by their mares. Business is brisk in the breeding sheds. Spring has come to Calumet Farm, 800 of the most troubled yet sacred acres in thoroughbred racing. A new farm manager, who has visions of silver trophies and blankets of roses, has been hired. A few promising 2-year-olds are in training, raising hopes that the long fall from the sport's pinnacle has ended.
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SPORTS
By JOHN EISENBERG | May 18, 1991
How could it be? How could a single moment be so splendid and awful? Sum up all that is grand and tragic about a place? Can there be a moment of such profound irony anywhere other than in a Hollywood script?The answer is yes. It happened when Strike the Gold crossed the finish line ahead of 15 horses at Churchill Downs on May 4, winning the Kentucky Derby. Splendid, awful, grand, tragic -- the victory was all that to Calumet Farm, the horse fame to which all aspired for so long.It sent a message to everyone in racing that Calumet, which bred Strike the Gold and owned him for two years, still had a knack for producing champions.
SPORTS
By MIKE LITTWIN | May 15, 1992
lt may be difficult to design a model that would fit every racehorse owner. But there's at least this: If the owner is a guy, he'll usually be wearing a shirt.But if he's sipping his Black-Eyed Susan bare-chested, you can be pretty sure you're in the company of Hammer.Just Hammer.Not Mr. Hammer, as the young woman trailing after him near the Pimlico stakes barn insisted until she got his autograph.Hammer. Like Madonna. Or Slash. Or Charo.It used to be M.C. Hammer. It used to be Sonny and Cher, too. Things change.
SPORTS
April 23, 1992
Baseball California Angels -- Activated P Chuck Finley from the 15-day DL. Placed P Don Robinson on the 15-day DL.Kansas City Royals -- Assigned 2B Terry Shumpert to Triple-A Omaha. Optioned P Hector Wagner to Omaha. Recalled P Curt Young from Omaha.National Association -- Announced that the Charlotte Knights will join the International League in 1993.CollegesLoyola -- Announced the following soccer players have signed letters of intent: Bob Ballweg, Metuchen, N.J.; Mike Barger, Fallston; David Briles, Bowie; Will Cirrincione, Silver Spring; Chris Doyle, Brunswick; Ari Edelman, South Orange, N.J.; Mark Harrison, Palm Harbor, Fla.; Darren Hawkes, Maplewood, N.J.; James Oh, Baltimore; Brian Petersen, Severna Park; Brendan Stach, Selden, N.Y.Maryland -- signed Nemanja Petrovic, a 6-10, 235-pound native of Belgrade, Yugoslavia, a letter of intent for basketball.
SPORTS
By Ross Peddicord and Ross Peddicord,Evening Sun Staff | July 26, 1991
LAUREL -- Peter Pugh pulls on his red baseball cap with the blue lettering that spells "Calumet Farm," and hops into his pickup truck."You wanna know what really makes me mad? People that dump this farm," the 39-year-old trainer said."I hear it all the time -- 'hey, have you got paid yet?' -- stuff like that. They would be so lucky to have even one son of Alydar standing in their shedrow."The litany goes on, ever since the world-renowned farm, the farm that is synonymous in this country with horse racing and Kentucky bluegrass, filed for bankruptcy on July 11.A week earlier Pugh shipped into Laurel with the bulk of what is left of the Calumet Farm racing string -- 10 horses, including two sons of Alydar, named Joy Maker and Aly Fresco; Beautiful Gold, a daughter of champion sire Mr. Prospector out of Calumet's champion filly, Before Dawn, and seven other royally-bred, though heavily leveraged, horses.
SPORTS
By MIKE LITTWIN | May 15, 1992
lt may be difficult to design a model that would fit every racehorse owner. But there's at least this: If the owner is a guy, he'll usually be wearing a shirt.But if he's sipping his Black-Eyed Susan bare-chested, you can be pretty sure you're in the company of Hammer.Just Hammer.Not Mr. Hammer, as the young woman trailing after him near the Pimlico stakes barn insisted until she got his autograph.Hammer. Like Madonna. Or Slash. Or Charo.It used to be M.C. Hammer. It used to be Sonny and Cher, too. Things change.
SPORTS
By Maryjean Wall and Maryjean Wall,Knight-Ridder | November 16, 1990
Alydar treated his final hours like a race with Affirmed, and this was his greatest eulogy.Yet no matter how fine a marker they etch for his grave at Calumet Farm, there will never be room for the whole story.This was a horse whose final hours were as much an inspiration as they were a tragedy. When the dirt had been smoothed atop the grave where he was buried yesterday afternoon at Calumet Farm, the farm's president, J.T. Lundy, spoke as much in awe as with sadness for the 15-year-old horse.
SPORTS
By MARTY MCGEE | September 29, 1991
Racing through a crowded field:* If you stayed up to watch the finish of that crazy Jets-Bears game on Monday night, you were probably marveling at the finish. And you also may have heard an astonished Dan Dierdorf say: "No wonder the NFL has so many fans." If drama and bizarre endings are what it takes, it's a wonder racing doesn't have more.* The best story of the racing year was M.C. Hammer -- until Lite Light was drubbed in two straight races. Nobody likes a loser.* Florida has the next "renaissance" racing circuit.
SPORTS
By Bill Christine and Bill Christine,Los Angeles Times | July 12, 1991
Last February, J.T. Lundy, the president of Calumet Farm, was in San Francisco, receiving 1990 Eclipse Awards for being the best breeder and for Criminal Type, the Horse of the Year.Two months later, Lundy resigned as president, and yesterday, after a succession of stories in the racing trade press about clients suing Calumet, the historic farm filed two Chapter 11 bankruptcy petitions in Lexington, Ky., listing debts of about $135 million.John Ward, who replaced Lundy as president of Calumet, said the 869-acre farm is for sale and added: "We needed protection from the courts so that we could go on and do business."
SPORTS
April 23, 1992
Baseball California Angels -- Activated P Chuck Finley from the 15-day DL. Placed P Don Robinson on the 15-day DL.Kansas City Royals -- Assigned 2B Terry Shumpert to Triple-A Omaha. Optioned P Hector Wagner to Omaha. Recalled P Curt Young from Omaha.National Association -- Announced that the Charlotte Knights will join the International League in 1993.CollegesLoyola -- Announced the following soccer players have signed letters of intent: Bob Ballweg, Metuchen, N.J.; Mike Barger, Fallston; David Briles, Bowie; Will Cirrincione, Silver Spring; Chris Doyle, Brunswick; Ari Edelman, South Orange, N.J.; Mark Harrison, Palm Harbor, Fla.; Darren Hawkes, Maplewood, N.J.; James Oh, Baltimore; Brian Petersen, Severna Park; Brendan Stach, Selden, N.Y.Maryland -- signed Nemanja Petrovic, a 6-10, 235-pound native of Belgrade, Yugoslavia, a letter of intent for basketball.
SPORTS
By Ken Murray and Ken Murray,Staff Writer | March 27, 1992
LEXINGTON, Ky. -- With the bang of an auctioneer's gavel, thoroughbred racing reclaimed legendary Calumet Farm from the scrap heap yesterday.A day that began with overcast skies and grim foreboding ended in sunshine when Henryk deKwiatkowski's winning bid of $17 million earned a new start for horse racing's most prestigious farm.The Polish-born deKwiatkowski outbid Issam Fares, whose Fares Farm touches Calumet, in an absolute auction that took less than 15 minutes.DeKwiatkowski apparently saved Calumet from black fences and subdivisions.
SPORTS
By Ken Murray and Ken Murray,Staff Writer | March 26, 1992
LEXINGTON, Ky. -- Calumet Farm sits in the lap of bluegrass luxury here, a sprawling monument to what thoroughbred racing once was and to what it has become.Once the most celebrated farm of its kind in America, it is now in Chapter 11 bankruptcy, having amassed $127 million in debt in a nine-year spending spree. Creditors are lined up at the door, IOUs in hand.Today and tomorrow, to satisfy those creditors, Calumet, all 843 acres, is being auctioned off, piece by piece.The horses are already gone, most in a dispersal sale last November at the Keeneland Auction.
SPORTS
By Knight-Ridder News Service | December 7, 1991
LEXINGTON, Ky. -- The stakes rose for Calumet Farm yesterday.An unidentified group bid $32.5 million for the farm and all its stallion interests, well above the $26.27 million offer that surfaced last week.But within a few hours of the second offer, Mutual Benefit Life, one of Calumet's main creditors, took the first step toward foreclosing on the farm."At these prices there won't be anything left for anybody," Henry Kinser, attorney for Mutual Benefit, said about the offers for the farm.
SPORTS
By Ross Peddicord and Ross Peddicord,Evening Sun Staff | December 6, 1991
Dr. Michael Cavey describes it as "the opportunity of a lifetime."The 42-year-old Howard County veterinarian is one of three partners who have made the first, and so far, only formal offer to buy world-famous Calumet Farm. The three horsemen plan to maintain it as a first-class stallion station and breeding center and "return Calumet to its heyday," Cavey said.The renowned Kentucky breeding establishment, birthplace of nine Kentucky Derby winners, has long been perceived as a sort of national treasure in the thoroughbred industry, but was placed in bankruptcy July 11, with debts totaling more than $127 million.
SPORTS
By MARTY MCGEE | September 29, 1991
Racing through a crowded field:* If you stayed up to watch the finish of that crazy Jets-Bears game on Monday night, you were probably marveling at the finish. And you also may have heard an astonished Dan Dierdorf say: "No wonder the NFL has so many fans." If drama and bizarre endings are what it takes, it's a wonder racing doesn't have more.* The best story of the racing year was M.C. Hammer -- until Lite Light was drubbed in two straight races. Nobody likes a loser.* Florida has the next "renaissance" racing circuit.
SPORTS
By Ross Peddicord and Ross Peddicord,Evening Sun Staff | December 6, 1991
Dr. Michael Cavey describes it as "the opportunity of a lifetime."The 42-year-old Howard County veterinarian is one of three partners who have made the first, and so far, only formal offer to buy world-famous Calumet Farm. The three horsemen plan to maintain it as a first-class stallion station and breeding center and "return Calumet to its heyday," Cavey said.The renowned Kentucky breeding establishment, birthplace of nine Kentucky Derby winners, has long been perceived as a sort of national treasure in the thoroughbred industry, but was placed in bankruptcy July 11, with debts totaling more than $127 million.
SPORTS
By Ken Murray and Ken Murray,Staff Writer | March 26, 1992
LEXINGTON, Ky. -- Calumet Farm sits in the lap of bluegrass luxury here, a sprawling monument to what thoroughbred racing once was and to what it has become.Once the most celebrated farm of its kind in America, it is now in Chapter 11 bankruptcy, having amassed $127 million in debt in a nine-year spending spree. Creditors are lined up at the door, IOUs in hand.Today and tomorrow, to satisfy those creditors, Calumet, all 843 acres, is being auctioned off, piece by piece.The horses are already gone, most in a dispersal sale last November at the Keeneland Auction.
SPORTS
By Ross Peddicord and Ross Peddicord,Evening Sun Staff | July 26, 1991
LAUREL -- Peter Pugh pulls on his red baseball cap with the blue lettering that spells "Calumet Farm," and hops into his pickup truck."You wanna know what really makes me mad? People that dump this farm," the 39-year-old trainer said."I hear it all the time -- 'hey, have you got paid yet?' -- stuff like that. They would be so lucky to have even one son of Alydar standing in their shedrow."The litany goes on, ever since the world-renowned farm, the farm that is synonymous in this country with horse racing and Kentucky bluegrass, filed for bankruptcy on July 11.A week earlier Pugh shipped into Laurel with the bulk of what is left of the Calumet Farm racing string -- 10 horses, including two sons of Alydar, named Joy Maker and Aly Fresco; Beautiful Gold, a daughter of champion sire Mr. Prospector out of Calumet's champion filly, Before Dawn, and seven other royally-bred, though heavily leveraged, horses.
SPORTS
By Bill Christine and Bill Christine,Los Angeles Times | July 12, 1991
Last February, J.T. Lundy, the president of Calumet Farm, was in San Francisco, receiving 1990 Eclipse Awards for being the best breeder and for Criminal Type, the Horse of the Year.Two months later, Lundy resigned as president, and yesterday, after a succession of stories in the racing trade press about clients suing Calumet, the historic farm filed two Chapter 11 bankruptcy petitions in Lexington, Ky., listing debts of about $135 million.John Ward, who replaced Lundy as president of Calumet, said the 869-acre farm is for sale and added: "We needed protection from the courts so that we could go on and do business."
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