Posted May 18, 2012 on
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Rhode Island's governor says his comments about the financial health of Curt Schilling's video gaming company didn't hurt the firm and disputes that the state reneged on a deal for tax credits.
The former Red Sox pitcher told The Providence Journal the state promised and did not deliver film tax credits for 38 Studios and refused to allow the company to defer a $1.1 million payment, forcing it to miss payroll.
Schilling said Gov. Lincoln Chafee's (CHAY'-feez) comments that the state was trying to keep 38 Studios solvent were ''devastating.'' He says a video-game publisher backed out of a deal to finance a new game.
38 Studios, which was lured to Rhode Island from Massachusetts in 2010 with a $75 million loan guarantee, laid off its entire workforce last week.
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Former Red Sox pitcher Curt Schilling threw 83 complete games during a 20-year big-league career, but he needs some relief for his fledgling video-game company. One of the game's greatest postseason pitchers asked Rhode Island officials Wednesday for more money to help 38 Studios LLC, according to a Boston Globe report. The private meeting was held to determine if the financial...
Curt Schilling's video game company may be running out of lives after reportedly passing a bad check to the Rhode Island government. Schilling's 38 Studios company was unable to make a loan payment to the state on Thursday after having "insufficient funds" to cover the $1.12 million due, according to the Boston Globe. The firm received a $75 million loan from Rhode...
Curt Schilling had to reevaluate his finances on Thursday after his video game company, 38 Studios, wrote a check that it couldn't cash. Now, it appears a $1.1 million payment has gone though. The company, which is in default with the state of Rhode Island, attempted to make a payment to the state, only to find out it had insufficient funds to do so. On Friday, Schilling'...
Curt Schilling's infamous or famous "red sock" apparently has bled over into the financials of 38 Studios, a Rhode Island based company in which the former major league baseball pitcher founded.
Bloody Sock? Or prelude to red ink for #38?
About 38 Studios:
38 Studios is an entertainment and IP creation company in development on a broad range of...
[caption id="attachment_2137" align="alignleft" width="200" caption="Kingdom of Amalur's lack of creativity may be the biggest reason Curt Schilling's 38 Studios defaulted on its $1.125 million loan-guarantee payment to the state of Rhode Island. (rpgfan.com)"][/caption]
Curt Schilling has many talents. Pitching in the playoffs, bleeding...
(Eds: With AP Photos.) By TIM DAHLBERG AP Sports Columnist The state of Rhode Island is having trouble collecting some of the millions it lent former pitcher Curt Schilling, another reminder why chasing celebrity is almost always a bad thing.
Schilling met with the state's governor on Wednesday to ask for even more help, after his 38 Studios company missed a $1.1 million payment...