LEXINGTON, Ky. - Members of the Kentucky Thoroughbred Farm Managers' Club were presented with financial projections for two main proposals on how to distribute the state's new breeder awards at the club's June meeting Tuesday night in Lexington.

At the time, it seemed like a run-of-the-mill horse deal for some middling broodmares. But when John Martin Silvertand agreed three years ago to take ownership of a group of mares in exchange for foal-sharing rights, he unwittingly acquired a new lease on life and a place in the record book as a Preakness-winning breeder.

Medallist, Robert Clay's homebred Grade 2 winner, has been retired from racing and will enter stud in 2006 at his owner's Three Chimneys Farm in Midway, Ky. His stud fee has yet to be determined.

A 4-year-old Touch Gold colt, fractured a sesamoid in his left foreleg during training last month. He had been pointing for the Metropolitan Handicap on Memorial Day. Initially, trainer Allen Jerkens said the fracture was not displaced, but further examination showed otherwise, Clay said in a statement Tuesday.

The owner of Kendall-Jackson winery, Jess Jackson, who has increased his Thoroughbred bloodstock sharply in the last year, may be poised to purchase the 450-acre Adena Springs South farm property in Ocala, Fla.

Jackson has been in discussions with Adena Springs owner Frank Stronach for several months regarding the possible purchase of the property. Earlier this year, Jackson bought the former Buckram Oak Farm in Lexington, Ky., for a reported $17.4 million. He has renamed the property Stonestreet Farm.

LEXINGTON, Ky. - Any racing partnership whose first horse turns out to be a classic winner has to be lucky, right? Chuck Zacney, the 44-year-old managing partner of Cash Is King Stable acknowledges that the five-person ownership group had great luck in turning up Afleet Alex.

LEXINGTON, Ky. - The great trainer John Nerud has frequently said that "the best milers make the best sires," and there's a good deal of evidence to bear out that observation. Some of the best horses that Nerud trained, such as Dr. Fager and Fappiano, were tremendous milers.

Other top stallions, such as Mr. Prospector, Storm Cat, and Seattle Slew, were probably best suited to a mile, although Seattle Slew was so versatile and athletically gifted that he could race almost any distance.

The five-month Florida 2-year-olds in training sales season comes to an end with the Ocala Breeders' Sales Company June auction of 2-year-olds in training and horses of racing age on June 21-22. The sale has cataloged 635 2-year-olds and 23 horses of racing age.

When Avery Hall won the recent Open Mind Handicap at Monmouth Park, she became the 10th stakes winner for New York stallion A. P Jet. A 3-year-old filly, Avery Hall defeated older females in the Open Mind.

The victory helped make A. P Jet, a son of Fappiano, the leader among active New York stallions, with 2005 progeny earnings of $1,137,939 through May 31.

Maryland's Glade Valley Farms has long held a reputation for breeding solid, classy runners. And a 3-year-old filly named Lunachick is building on that history.

Sold for only $6,000 at the 2003 Fasig-Tipton Midlantic Eastern fall yearling sale, Lunachick (by Partner's Hero) has earned nearly 12 times that amount in California this season. She became a stakes winner with an apparently effortless victory in the Vallejo Stakes last Sunday at Golden Gate Fields.

INGLEWOOD, Calif. - Eric Kruljac had a simple reason for selling Kick the Can for $27,000 at a yearling sale in Arizona in 2003.

"I was putting two kids through college," he said.

Sunday, Kruljac, who trains a stable at Santa Anita, will be rooting for Kick the Can when the 3-year-old filly starts as a longshot in the $175,000 Honeymoon Breeders' Cup Handicap at Hollywood Park.

A win or placing by Kick the Can in the Grade 2 Honeymoon would greatly enhance the value of her dam, Bint Alriyadh, whom Kruljac owns.

"I've got my fingers crossed," Kruljac said.