Former Red Sox pitcher Curt Schilling, joining Dennis & Callahan in studio Friday morning, said he is “tapped out” financially following the demise of his video game company.
Schilling said he invested “just north of $50 million” of his own money and lost it all. “I’m tapped out,” he insisted.
Schilling said he sat down his family about a month ago and explained to them that 38 Studios was not likely to survive, and “the money that I had earned and saved in baseball was all gone. … It’s a life-changing thing. It’s not a conversation I would wish on any father.”
Schilling said the situation is not over yet, so he doesn’t know what the future holds for him and his family: “Life will probably start to change and be very different for us,” he said.
Asked if he prepared for a worst-case scenario when he formed 38 Studios, Schilling said he did.
“This was always a potential, but never in my wildest dreams did I ever expect we’d be either here or close to here up until about two months ago,” he said. “It all happened so fast. It’s been kind of a surreal 60 days, 75 days.”
Added Schilling: “In my mind we were on our way to building literally a world-changing company.”
Posted: June 22, 2012 at 08:11 AM | 76 comment(s)
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