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Schilling to auction personal belongings to meet 38 Studios debts

Thursday, 17th January 2013 23:21 GMT By Brenna Hillier

Former pro baseball player Curt Schilling is putting his own goods under the auction hammer in order to meet debts caused by the collapse of 38 Studios last year.

Schilling stood as guarantor for loans believed to have run to millions, and was reported to be in financial difficulties and considering the sale of memorabilia in October.

An Associated Press report now confirms that Schilling’s treasured “bloody sock” will, at the very least, be sold to meet Schilling’s obligations.

Many 38 Studios employees were left in difficulties after the developer’s closure, although a significant proportion found a new home with Epic.

38 Studios’ assets and IP defaulted to the state of Rhode Island and other creditors, but its physical goods brought in just $180,000. Its intellectual properties, Kingdoms of Amalur and Project Copernicus as well as technology and builds, are apparently yet to be purchased.

Thanks, Gamespot.

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4 Comments

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  1. naffgeek

    Feel bad for this guy, only wanted to make a really good rpg.

    Was a good game by all accounts but maybe the fact I don’t know first hand is one of the reasons they went under.

    Too soon after Skyrim I think.

    #1 1 year ago
  2. Dragon246

    Sucks to be him. Hopefully he can get out of this mess in one piece.

    #2 1 year ago
  3. viralshag

    I do feel bad for this guy because hearing him on podcasts before the game launched you could tell he was a passionate gamer… maybe he just wasn’t a very good businessman.

    #3 1 year ago
  4. NeoSquall

    I do feel sorry for the sock, instead.

    I don’t know if Schilling’s venture was a “Silicon Knights with a less arrogant CEO” or a “THQ with a dumber management”.
    Anyway this is one more testimony that passion can’t work alone in the games industry, or in any industry at all.

    #4 1 year ago