Updated on 05/12/2016 4:18PM

Monmouth: Fewer stakes, smaller purses for 2016 season

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A year after Monmouth Park pulled out all the stops to lure American Pharoah to the Haskell Invitational, boosting the purse to $1.75 million, the Jersey Shore track will be tightening its belt for its 71st season, which begins Saturday.

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