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Chavez’s Dream week pays off more for UNM with winning Derby bet

A copy of Larry Chavez’s winning Kentucky Derby ticket. The owner of Dreamstyle Remodeling, who pledged $10 million to UNM earlier in the week, said he’d give the $570 winnings from his “Always Dreaming” winning ticket to UNM, too, minus $45 he plans to use to buy his Dreamstyle staff pizza. (Courtesy Larry Chavez)

Larry Chavez Sr.’s Dream week continued Saturday, and the University of New Mexico continues to benefit.

After Wednesday’s announcement that Chavez, the owner of Dreamstyle Remodeling, would give $10 million over 10 years to UNM and get naming rights for University Stadium and the Pit, he placed a bet at The Downs at Albuquerque for $100 on Always Dreaming to win Saturday’s Kentucky Derby.

It paid $570 — he showed the Journal a copy of the winning ticket. He plans to contribute $175 to UNM Children’s Hospital, $175 to Popejoy Hall and $175 to UNM’s Anderson School of Management.

“The remaining $45 is pizza for DreamStyle employees,” Chavez wrote in an email.

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