Friday, June 22, 2012

Schilling: Baseball Money "Probably All Gone"

((HT: MyFoxBoston))

Curt Schilling broke his silence on the collapse of his video game business, 38 Studios, on WEEI-AM's "Dennis and Callahan" show this morning...

And it wasn't pretty from Schilling...


Schilling also said that he thinks that Rhode Island Governor Lincoln Chafee's comments when all this hit the fan last month harmed 38 Studios as it tried to stay in business.

38 Studios filed for bankruptcy protection on June 7th. It had been lured to Rhode Island from Massachusetts in 2010 after Rhode Island offered a $75 million loan guarantee. Schilling laid off 300 employees in the two offices in Rhode Island and Baltimore and has taken a leave of absence from his work at ESPN. 38 Studios finances are currently being investigated by the Feds and Citizens Bank is looking to get back a loan of over $2-million from him.

The HQ knows this is far from over...

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