Schilling publicly discusses failure of 38 Studios
BOSTON (WHDH) -- Friday morning, Curt Schilling spoke publicly for the first time since 38 Studios declared bankruptcy, saying the collapse of his company cost him his entire baseball fortune.
In an interview with WEEI, he put some of the blame on Rhode Island governor Lincoln Chafee.
"Do you think Governor Chafee was disappointed when 38 studios failed?” Schilling was asked.
“No. Not at all. I think he had an agenda and executed it," Schilling replied.
Schilling said a remark Chafee made about the company being insolvent was the tipping point and the failure of 38 Studios. Schilling says the company was set to finalize an investment from a publishing company the very next day, but the company balked at Chafee’s comment.
Schilling says he was forced to lay off 400 employees when he was unable to secure the loan and that his employees were blindsided despite not receiving paychecks for three weeks.