Lucky Pulpit's stud fee is nothing to brag about. He is a regional sire with a fluke in California Chrome.
Won't press my point, but will just add that $10,000 is a low stud fee. Lucky Pulpit is unlikely to attract top notch mares, no matter his price. CC is not enough proof that LC can deliver.
I'm going to go on record and say that before American Pharaoh: I'd never been too terribly impressed by Pioneerof the Nile as a sire. But I think every stallion, at least ONCE in his lifetime, has produced a proverbial "star" above all others they have sired. And I think the better the stallion, the brighter that star shines over other stars produced by other stallions. And for awhile this boosts their reputation.... But if they stop producing those caliber horses, that reputation quickly fades. But I've noticed that most TC Hopefuls in recent years, have been by stallions who are otherwise not noteworthy stallions-- at least, for me. Pioneerof the Nile is one of those stallions who came off to me as kind of "Meh."; didn't expect much of him, despite his popularity. Imagine my surprise when American Pharaoh, a son of the average looking, relatively unassuming Pioneerof the Nile; won the Kentucky Derby. So anything is possible. And I congratulate both Lucky Pulpit AND Pioneerof the Nile: as they are now two Proud Papas of Dual Classic winners.
But I think every stallion, at least ONCE in his lifetime, has produced a proverbial "star" above all others they have sired.