Albarado will be paid
LOUISVILLE, Ky (AP):
Jockey Robby Albarado is going to get rewarded after all.
After missing out on riding eventual winner Animal Kingdom in the Kentucky Derby, Albarado is going to receive payouts from fellow rider John Velazquez and winning owner Barry Irwin of Team Valor International.
Irwin said Wednesday that Velazquez has decided to give a portion of his share of the purse money to Albarado. Team Valor will match that undisclosed amount.
"It's basically because we know what it means emotionally to a guy like that," Irwin said. "I like the guy and have a high regard for him as a jockey."
The winner's share of the Kentucky Derby purse was US$1,411,800, meaning that the standard 10 per cent earned by Velazquez was US$141,180.
Jockeys typically pay their agents 25 or 30 per cent of their earnings. The Daily Racing Form reported that Velazquez's agent, Angel Cordero Jr., will be paying the same percentage of his winnings to Albarado, too.
When informed of Cordero's intention, Irwin said, "Robby is going to make more money than Johnny would get."