Schilling — damaging public comments caused 38 Studios lay offs

Not even a week after Curt Schilling’s 38 Studios was forced to lay off its whole staff due to financial troubles, the pitcher turned studio head is claiming that the state of Rhode Island didn’t make a great effort to keep the company afloat.

According to the Providence Journal, Governor Lincoln Chafee and the state of Rhode Island had promised to approve Schilling’s company for film tax credits as well as the deferral of a $1.12 million payment that was needed so 38 Studios could afford to pay its employees.

However, Schilling says that Chafee reneged on both the tax credits and the payment deferral, which contributed to 38 Studios having to lay off everybody. Schilling also called Chafee’s comments about the studio’s financial troubles “devastating.”

It’s those remarks about the questionable financial health of 38 Studios that Schilling says scared off potential investors and may have contributed to a publisher pulling out of a $35 million deal to finance the sequel to Kingdoms of Amalur: Reckoning.

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