Jump to content

Curt Schilling loses his fortune as his video game company collapses


Frobby

Recommended Posts

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

Former Boston Red Sox pitcher Curt Schilling said Friday that the collapse of his 38 Studios video game company has probably 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.

This is a guy who made $114 mm during his career. It never fails to amaze me when athletes making these astounding sums of money don't have enough common sense to take a respectable portion of it and invest it in something safe.

Link to comment
Share on other sites

I have mixed feelings about this. I appreciate that he's putting his money in the tech sector and being quite hands-on with it, trying to learn a business that has the potential to be very lucrative. He surrounded himself with talented people, and the game his company did come out with did very, very well for itself.

Of course, they also made some stupid decisions along the way that led to their colossal failure (investing in an MMO when you already have World of Warcraft to compete against, for starters.) Sucks, but I guess I'll live with it, since I don't really care for Schilling.

Link to comment
Share on other sites

I have mixed feelings about this. I appreciate that he's putting his money in the tech sector and being quite hands-on with it, trying to learn a business that has the potential to be very lucrative. He surrounded himself with talented people, and the game his company did come out with did very, very well for itself.

Of course, they also made some stupid decisions along the way that led to their colossal failure (investing in an MMO when you already have World of Warcraft to compete against, for starters.) Sucks, but I guess I'll live with it, since I don't really care for Schilling.

Yea Kingdoms of Amalur was pretty cool.

I kinda wonder where all the money from the game went, as I thought it sold pretty well.

Link to comment
Share on other sites

Yea Kingdoms of Amalur was pretty cool.

I kinda wonder where all the money from the game went, as I thought it sold pretty well.

A lot of people want to know where a lot of money went. The State of Rhode Island lent him $75M less than two years ago and there are some questions as to just how and where the money was used. A quick search will link you to many stories from credible news outlets as to the ongoing investigations into 38 Studios. As always, anything Mr. Schilling says should be taken with a grain of salt.

Link to comment
Share on other sites

Archived

This topic is now archived and is closed to further replies.

  • Posts

    • Or that any improvement would be slight. Because the scale doesn't go right from complete liability to good. Maybe you could have a person that is below average at something and have them improve to the point at which they were average.
    • You think he will improve but yet you think he will never be good?  So that means you must think he’s a complete liability now which discredits anything you say. 
    • In another world, Darell Hernaiz is kind of I guess having the same camp as Jackson Holliday...will he make the Club for Opening Day? For the AL Rookie of the Year race, it seems like OAK could drop the full 600 PA on Hernaiz if he thrives.     Tyler Soderstrom and Lawrence Butler both under-ed 130 AB but over-ed 45 days of service so I think they are out of the race. If correct, a Fangraphs Longenhagen question also suggests this CBA OAK may not even be eligible to be in the Top 10 of next year's draft, which would be prominent if they do something like lose 10 more games than anyone else in the league. 1:26 Billy G: In addition to all the relocation stuff for the A’s, they’ve really gotten screwed a bit with the draft lottery. Sixth pick in a draft that had five “first overall” types in most years. Now fourth in a weak draft. And if I’m reading the CBA correctly, they can’t pick top 10 next year regardless of how bad they are. Even if I stick with them to Vegas, is there any hope?     1:28 Eric A Longenhagen: Bro, it’s a sad situation. The people who work for that org in the front office, dev and scouting, as well as the players themselves, all deserve better. What must it be like to be Tyler Soderstrom or Gelof right now and know you’re going to spend the next couple of years grinding for its own sake. It could be career-altering for their young players to be in such a weird, awkward bind like that and attempt to motivate eacother just because.
    • Isn't there an advanced metric that measures the spin on the ball coming out of a pitcher's hand vs. the spin as the batted ball rockets past one's head?
    • I happened upon a quote (and I failed to find it for @Frobby sometime ago but the quote was something along the lines that he grew up playing 2B and felt most comfortable there and that he still considers himself a good 2B despite having played SS the last few years. I believe that quote was taken from him prior to him being drafted but again, I had to stop citing it because I can't find it. 
    • Dean Kremer in 2023 had 8.183 K per 9 innings.  His 2023 number is the 8th best K/9 inning for qualified pitchers in Orioles history.  Kyle Bradish had 8.964 K/9 which was good for 3rd best in Orioles history. 
    • I have stated that I believe that he will improve. 100% I think he will improve but I also do not believe that he is ever going to be the best defensive option at the position and on a team like the O's who have gone out of their way to prioritize defense up the middle, I just don't see him being the guy there unless they give him the Manny treatment at the end of his tenure with the O's and potentially market him to other teams as a SS for trade value. Eventually I think they can they stick him there if they absolutely have to do so and he won't butcher the position but he's not going to be a good defender. That's my feeling. Perhaps they eventually can live with the subpar D there if it increases his trade value when the time comes. Maybe he will shock me and improve enough to be good there. I doubt it...although David Eckstein had a long career as a SS in the majors despite MAJOR physical limitations and generally poor defense as a SS.. and he was not half the offensive player that JH is going to grow into. 
  • Popular Contributors

×
×
  • Create New...