Schilling talks about company crash

[Blue_Tires]

BOSTON -- Former Boston Red Sox pitcher Curt Schilling said Friday that the collapse of his 38 Studios video game company probably has cost him his entire baseball fortune, and he placed part of the blame on Rhode Island officials, including Gov. Lincoln Chafee.

Schilling said during a 90-minute interview on WEEI-FM in Boston that he put more than $50 million of his own money in the company and that he's had to tell his family that "the money I saved during baseball was probably all gone."

"I'm tapped out," he said.

Curt Schilling said he lost more than $50 million but is "not asking for sympathy."
Schilling said he hopes to return to work soon as an analyst for ESPN. He took a leave of absence from the network after 38 Studios filed for bankruptcy protection on June 7. The firm was lured to Providence from Massachusetts in 2010 after Rhode Island offered a $75 million loan guarantee. The state is working to determine how much it's on the hook for after the company's collapse.

Although Schilling conceded that he "absolutely" was part of the reason the company failed, he said public comments made by Chafee last month questioning the firm's solvency were harmful as the firm tried -- but failed -- to raise private capital to stay afloat.

"I think he had an agenda," Schilling said about Chafee.

http://espn.go.com/boston/mlb/story/_/id/8084138/former-boston-red-sox-curt-schilling-says-baseball-fortune-all-gone-company-crash

So it's about 50 million of his own cash, 78 from Little Rhody, plus another few million from other investors??

[Romulox]

1. Whose "fault" would it have been if Schilling had succeeded? Lincoln Chafee still, right?

[FSogol]

2. Schilling is just a rw nutjob. I read that when things started going bad for the company,

they made zero changes. They had 200 employees and didn't furlough or lay a single person off. They did nothing. Many people in that firm worked their last 6 weeks without getting a paycheck. When 200 people lose their job and Schilling loses his cash, he blames the government. Go look in a mirror, Curt.

[wilt the stilt]

3. if he couldn't throw a baseball

he is the route driver for budweiser.

[denverbill]

4. There's always a job for a bloviating, right-wing asshole.

Surprised he doesn't have a national radio talk show by now.

[Rex]

5. Sadly his name is not Donald Trump

IF SO, then the federal government would have bailed him out to the tune of 800 million dollars. Those are 1980 dollars fyi.

[Egalitarian Thug]

12. Some people do have memories. Thanks. n/t

[Sherman A1]

6. I have an opinion of Mr. Schilling

and it is not a positive one from when I dealt with him long ago in the game business. His belief was that because he was a professional baseball player he understood the business end of the historical game industry and he really had no clue, just an ego and a pile of cash.

[Initech]

7. Maybe he needs a bloody sock to save his company.

[frylock]

8. quit you're whining and grab those bootstraps, dumbnuts..

you just got jack slapped by the invisible hand of the free market that you bow down to. eat it, sucker!

[GarroHorus]

9. Rightwing Nutjobs, always having their hand out for that sweet sweet corporate welfare. n/t

[KharmaTrain]

10. All Of His Money In One Basket = Fool

Yep...blame the system that he didn't have a solid business plan and was a decade too late in what he wanted to do. And that's Chaffee's fault? I find it semi-amusing that he threw so much of his money into a venture and didn't really nut anything away for his own future. He was so "cock-sure" he was gonna strike it rich and like a gambler with a serious addiction he had to go big and now has literally lost his house. I smell a divorce in his near future...

[Blue_Tires]

11. As a gamer, many people in the gaming community were sort of

surprised that Schilling wanted to get into that field in the first place...It's highly competitive, even for hardcore gamers/programmers who have the passion and know what they're doing...It just looked like too much of a 'vanity venture' from day one...You're better off buying a piece of an already successful company...

[KharmaTrain]

14. Vanity Sums It Very NIcely...

I've seen my share of ventures heavy on ego and light on business smarts. Sadly the company employees...who I'm sure took only a fraction of that money are the ones who will suffer. I'm betting the banks made nice commissions and will now on in for whatever assets are left.

Cheers...

[Ohio Joe]

13. Fuck Curt Schilling

I don't give a shit that he killed 38 Studios but he had to drag down Big Huge Games as well.