It's Triple Crown season, and all eyes are on horse racing's most athletic 3-year-old thoroughbreds as they compete for the sport's most lucrative prizes.
But the serious money doesn't come from winning races — it comes years later, after a champion horse is "retired to stud." A superstar stallion can command lofty fees for getting "intimate" with mares in hopes of producing a top-tier foal.
Today, horse breeding is a huge business — $39 billion and growing, CNBC reports.
Top stud Tapit earned $557,300 over the course of his racing career. But as of 2018, he will have generated about $167.8 million during his breeding career.
Justify Sweeps Horse Racing's Triple Crown
Breeding horses can be expensive and risky, but if all goes well, the breeder can be rolling in the dough.