I'll Have Another sold for $10 million

  • Updated: July 10, 2012 - 12:22 AM

The owner of I'll Have Another says he sold his Kentucky Derby and Preakness winner to a farm in Japan for $10 million, a price that far exceeded any amount he was offered in the United States.

J. Paul Reddam made his comments in a blog appearing on the bloodhorse.com website. He writes there were two offers from U.S. breeding operations, one valued at just under $5 million, the other at $3 million.

"Certainly greed has something to do with it," he wrote, adding that the "one offer was four times higher in cash than the best offer here," and "I couldn't rationalize not selling him overseas."


Hinrich rejoining Bulls

Veteran guard Kirk Hinrich agreed to a deal to return to the Chicago Bulls. The 31-year-old Hinrich spent his first seven seasons with Chicago before he was traded to the Wizards two years ago. ... Steve Novak is returning to the Knicks with a four-year deal worth $15 million, and so is veteran center Marcus Camby. The Knicks and Rockets reached an agreement on a sign-and-trade for Camby. The Knicks will send Toney Douglas, Josh Harrellson, Jerome Jordan, second-round picks in 2014 and 2015 and cash to the Rockets for the 38-year-old Camby. He will sign a three-year, $13.2-million deal. .... Dwyane Wade of the Heat had surgery on his left knee, and is expected to need up to eight weeks to fully recover. ... The Kings reached an agreement with restricted free-agent power forward Jason Thompson.


Wiggins wins time trial

Bradley Wiggins captured Stage 9, a 41.5-kilometer, or 25.8-mile, individual time trial and put his chief rivals, including the defending champion, Cadel Evans, in serious difficulty as the Tour de France entered its first rest day.

Wearing the yellow jersey worn by the race leader, Wiggins logged the fastest time -- 51 minutes 24 seconds -- on an undulating course that began in Arc-et-Senans and finished in Besancon, France. Evans finished 1:43 behind. He remained in second place overall, 1:53 behind Wiggins.

... A federal judge dismissed Lance Armstrong's lawsuit against the U.S. Anti-Doping Agency but says the cyclist can refile it within 20 days. The seven-time Tour de France champion sued USADA on Monday in an attempt to prevent it from moving forward with charges that he used performance-enhancing drugs throughout much of his career.

U.S. District Judge Sam Sparks criticized Armstrong's attorneys for filing an 80-page complaint he says seems more intended to whip up public opinion than to focus on the legal argument.


Favre's sister not indicted

A Mississippi grand jury decided not to indict Brandi Favre, the sister of former Vikings quarterback Brett Favre, after it found there was not enough evidence to link her to charges of manufacturing methamphetamine. The Sun Herald reported that a Hancock County grand jury returned a no true bill on charges against Favre, 35, of Pass Christian. She was among five people arrested Jan. 12, 2011, at a Diamondhead condo during an investigation of alleged meth manufacturing.

... Former NFL receiver Andre Rison was sentenced in federal district court in Phoenix to five years' probation and more than $300,000 in restitution for not paying child support.


NHL: The Sharks hired Hall of Fame defenseman and former Stanley Cup winning coach Larry Robinson as associate coach. ... Coyotes forward Brett MacLean's condition is improving less than a week after he suffered a cardiac emergency during a pickup hockey game in Canada. Coyotes general manager Don Maloney issued a statement saying MacLean's family reported he is doing well and will continue to undergo tests with the cardiology team at Knight University Hospital in London, Ontario.

Colleges: Penn State received more than $208 million in donations for the fiscal year that just ended, the second-highest total in university history.


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