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Wrong J. Reddam?

J. Paul Reddam

Owner

Thoroughbred Racing Commentary

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Thoroughbred Racing Commentary

370 Lexington Ave. Ste. 905

New York City, New York,10017

United States

Company Description

Thoroughbred Racing Commentary (TRC) is a website dedicated to promoting Thoroughbred racing through daily articles and opinion pieces on important industry issues and topics authored by an international team of experienced racing journalists and experts. TR...more

Find other employees at this company (21)

Background Information

Employment History

General Manager

General Motors Corp.


Agent

Central Austin Homes


Affiliations

ditech.com LLC

Founder


CashCall , Inc.

Founder


Homesville Real Estate Inc

Broker | Owner


RiviereJenison Securities Ltd.

Advisor


BlueTarp Inc

Board Member


WS Funding , LLC

President, Manager, Member and Owner


Education

Ph.D

philosophy

University of Southern California


bachelor's degree

psychology

University of Windsor


college degrees

philosophy

USC


master's degree

philosophy

University of Toronto


Web References(137 Total References)


The vibes are good as Irap bids to give Team O'Neill its third Derby in six years | Topics: Paul Reddam, Irap, Secretariat, Nyquist, Doug O'Neill, I'll Have Another, Kentucky Derby | Thoroughbred Racing Commentary

www.thoroughbredracing.com [cached]

Unforgettable moment: owner Paul Reddam with last year's Kentucky Derby trophy. Photo: Coady Photography
Owner J. Paul Reddam and trainer Doug O'Neill already rank among the all-time leaders in Kentucky Derby wins with their 2012 and 2016 victors I'll Have Another and Nyquist, and they are back to try to clip more roses this year with Blue Grass Stakes winner Irap. In a world where loyalty, teamwork and constancy seem sadly out of fashion, Reddam and O'Neill have stuck together through ups and downs for 13 years, defying naysayers while reaching some of horse racing's most hallowed ground. Reddam is tied for fourth among history's winningest Derby owners, behind only stables of yesteryear, while O'Neill enters the 143rd Run for the Roses equal with 11 other trainers in having the fourth-highest number of winners. O'Neill and Reddam attribute their Derby and other racing successes to communication, mutual respect and, of course, the racetrack staple of luck. "Paul is the most loyal guy in the world. Even though Doug is a very affable character, he takes his job very seriously," Reddam said. Why not?'" recalled Reddam, who had already campaigned G1 winner Elloluv and would co-own that year's Breeders' Cup Juvenile winner Wilko. So, on May 29, 2004, O'Neill claimed then 8-year-old Waki American for $25,000 out of a Hollywood Park sprint on behalf of Reddam, Schlesinger and Paul Lo Duca. How fantastic is this guy?'" Reddam said. "I had a large number of horses with other trainers and I didn't hear from them that often. "It didn't ever dawn on me that he was hustling me until much later," Reddam added, laughing. Leadership skills After they had been chatting about Waki American over a period of time, O'Neill called Reddam and related that his bloodstock agent brother, Dennis, had found a juvenile filly in Florida in which they hoped Reddam and his wife, Zillah, Schlesinger and others would buy ownership interests. After they had been chatting about Waki American over a period of time, O'Neill called Reddam and related that his bloodstock agent brother, Dennis, had found a juvenile filly in Florida in which they hoped Reddam and his wife, Zillah, Schlesinger and others would buy ownership interests. Of course, that was the plan all along," Reddam said. By 2005, "we had about 15 horses in his barn and didn't even know how it happened. And we've been together ever since." Currently, O'Neill said Reddam has about 40 horses with him, or approximately half of the trainer's total number of trainees. While demanding a high level of performance, Reddam has inspired O'Neill to improve all aspects of his operation. He's been important in so many ways," O'Neill said, particularly citing how Reddam's leadership skills in acquiring and managing horses and with other business issues have filtered down to everyone in the barn. "I've been blessed to have so many great friends and owners, but year in and year out, Paul really steps it up and is able to put some really dynamite equine athletes in our care. It's hard to explain how much that means to not only me, but to the exercise riders, the grooms, the hotwalkers - everyone who is part of it. Paul really takes care of everybody." Communication is the key. Reddam said many trainers stay predictably upbeat about their horses in order to keep owners feeling positive despite the bills they have to pay to keep those runners in training. "He's done a great job communicating with us," Reddam added. Dealing with adversity Not all communications in the roller-coaster world of racing can be positive, of course, but O'Neill noted that Reddam receives both ends of the information spectrum with aplomb. "We're all a bit shocked, but we have to do what's best for the horse," Reddam said at the time. "If he can't compete at the top level ... he's done enough." Looking back on the incident last year, as Nyquist was preparing for the Derby, Reddam said: "I remember thinking, if the team can survive this, they can survive anything." Reddam then sold the colt for $10 million to Shigeyuki Okada's Big Red Farm, and I'll Have Another went on to rank as Japan's second-leading freshman sire in 2016. With Nyquist, Reddam and O'Neill enjoyed an undefeated ride with the champion 2-year-old male of 2015 prior to last year's Kentucky Derby romp. Nonetheless, his future already was secured, with Reddam having sold breeding rights to Sheikh Mohammed's Godolphin operation prior to Nyquist's triumph in the Breeders' Cup Juvenile the previous year; terms were not disclosed. "Winning is easy, but you lose more than you win," Reddam observed, adding that how a person or group handles defeat can portend his or their future. Following Nyquist's Preakness loss, "our team was a still a team, on that night and on to today. And now we have a Derby starting spot again." An Ontario native who holds a Ph.D. and once was a professor of philosophy at California State University, Los Angeles, Reddam founded several loan businesses and currently is the president and chief executive of CashCall Inc. Some of the business practices of CashCall, a lender at high-interest rates, have been challenged in court and Reddam has faced legal issues regarding a tax shelter designed for him by following his sale of the DiTech mortgage companies he founded. "His horsemanship is really underestimated," Reddam said of O'Neill, asserting that the milkshaking charge has "kind of stuck to him" and unfairly so, blurring his achievements in some quarters. "If a horse wins the Kentucky Derby, they are tested up, down and all around," Reddam noted, observing that some of the flak that has been leveled at O'Neill through various social and other media platforms is due to the fact that "people hate others' success at a certain level". "He has a real intuitive feel for his horses and a great deal of sympathy and empathy for them," Reddam said of the trainer. In turn, O'Neill said Reddam has spurred him on, during good times and bad. In the year prior to Nyquist's Derby victory, the trainer remembers Reddam became irritated with him during a phone call but that a greater rapport eventually was achieved. The phone call led to O'Neill and Reddam meeting regularly, along with Dennis O'Neill and Reddam's top jockey, Mario Gutierrez, and Gutierrez's agent, Tom Knust. Reddam also tends to steer the group toward proactive, positive thinking. "And, when I go down any of those roads, [Reddam] puts up the stop sign like whoa, whoa, whoa. If you're not going to give the racing secretary and the track credit when you win all the time, you can't blame them every time when you don't. "Paul has taught me to try not to go down that road very often and try to look in the mirror and think what can I do better and what's another road we can take that might have a better result," O'Neill reflected. "I've got to give all the credit to Paul," O'Neill said. "After the disappointing Sunland Derby and me telling him how well [Irap] came out of it and how much energy he had coming out of that poor effort, Paul said, 'You've got my blessing, if he's doing well, to try the Blue Grass.' So, that's what got everything started." "That makes a lot of sense," Reddam said. "It's not unreasonable that a horse could sense confidence and caring ... he's just getting that extra special attention now and he's feeding off that vibe." Underrated chances Reddam, who said he could never have predicted that he would be shooting for his third gold Derby trophy in six years, recalled that he was "thrilled" just to watch the first Thoroughbred he bought, a claimer named Ocean Warrior, racing as a 99-1 longshot in 1988. He is currently No. 44 in the world owners' rankings. "I would never have believed it was possible" to win the Kentucky Derby, he said, deflecting credit to O'Neill (who is joint 54th in the global trainers' rankings). "It's meant the world to see Team O'Neill get to the top. We've kind of been on the coattails of that and it's an unbelievable feeling," Reddam said before looking forward to Irap's bid for glory. "I would like to say it wouldn't be a shock if he won, but, in some way, it would be," he declared. "The race is wide open and, like all Derbys, it somewhat depends on what trip you get and what post position you get. "[Irap's] chances will be underrated," he predicted. No matter what happens on track, however, just getting to the race again is a win, and O'Neill is ready to put the spotlight on Reddam. Paul really sets the tone for that kind of environment," he said. "I remind myself as I'm talking how lucky I am and how blessed I am - and so much of it is because of Paul." Paul Reddam


About Us

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Mathew was then recruited by Paul Reddam founder of Ditech.com, where Mathew logged several years as a Mortgage Loan Officer, Loan Processor, Underwriter and Manager.


About Us

werepaircreditfast.com [cached]

Mathew was then recruited by Paul Reddam founder of Ditech.com.


About Us

www.myezcreditrepair.com [cached]

Mathew was then recruited by Paul Reddam founder of Ditech.com, where Mathew logged several years as a Mortgage Loan Officer, Loan Processor, Underwriter and Manager.


About Us

www.myezcreditrepair.com [cached]

recruited by Paul Reddam founder of Ditech.com, where


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