So it begins…

Yesterday, American Pharoah won the Kentucky Derby. He got a good trip, ran a bit wide on the turn, and had to hope Firing Line wouldn’t find a second wind a few breaths from the wire. Winning wasn’t easy. It never is in the Kentucky Derby, with horses everywhere and plans dashed the second you leave the starting gate.

But that happened. That’s done. We’ve got other things to think about.

The second he crossed the wire, thoughts shifted from “can he win a real fight?” with comparisons to the...