Thu, Jan 17, 2013 | 23:21 GMT
Schilling to auction personal belongings to meet 38 Studios debts
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.
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.