The appropriately named Frank Angst reports for the THOROUGHBRED TIMES that former MLBer Paul LoDuca is being sued for $432,000 for allegedly not paying the stud fee of Storm Cat.
LoDuca, who is a horse racing analyst for Television Games Network, bred the leased mare Platinum Tiara to Storm Cat in 2007. Storm Cat’s fee was $500,000, an amount LoDuca allegedly never paid. Because he failed to pony up, Storm Cat’s Owner Overbrook Farm eventually sold the resulting foal for $325,000.
Overbrook now contends LoDuca owes the balance of the difference along with an astounding $187,500 in interest + plus court costs.
LoDuca earned in excess of $30M during his MLB playing career, but this isn’t the first case of the former catcher owing money. Bill Madden of the NEW YORK DAILY NEWS reported that MLB officials met with LoDuca in 2006 upon learning of gambling habits that caused LoDuca to owe bookmakers money.
The Daily News reported last week that bookmakers contacted the Marlins, Lo Duca’s former team, in June 2005 to tell them Lo Duca owed them money, which was immediately reported to Major League Baseball.
The News also reported that in May, a man from Arizona, where Lo Duca was raised and his parents still live, called associates of Lo Duca’s and demanded payment for another alleged gambling debt. The caller threatened to go to Shea Stadium to intimidate the player into paying.
The lawsuit was filed in Kentucky a month ago, but just popped into the press this week. Why? A guess would be Overbrook wanted to settle the matter outside the media, but when LoDuca failed to respond, the farm reported the news to Thoroughbred Times.