The fall of Curt Schilling’s 38 Studios gaming company has been well documented. The bankrupt company has been auctioning off their assets in an effort to pay back the $75 million tax-payer backed financing package from the Rhode Island Economic Development Corporation. Last night, the public was able to see what was left of the 38 Studios Providence-based headquarters in a public auction that included high-end rolling chairs valued at around $700, 400 PC workstations, and items from Schilling’s personal office like an elliptical workout machine. The lavish spending by the failed company caused local NBC 10 reporter Bill Rappleye to challenge Schilling to go “on the record” about the spending. A heated Twitter exchange ensued:
I beg to differ Curt. Every tax paying Rhode Island (like myself) who could be on the hook for over $100 million [with interest] because of that loan, wonders why the company had spent like this.
Rappleye easily won this battle by TKO, three crushing knockouts! What is up with the “do you really ‘work’ in the media?” question? Does he not see that Rappleye’s twitter handle is @NBC10_Bill?? Does Schilling think he’s just arguing with just a big fan of the NBC station. What an ass.
Schilling’s personal office included a personal bathroom with shower and the before mention elliptical machine. Which judging by Curt’s recent “larger” appearance, has probably never been used.
Here are some pictures from inside Schilling’s personal bathroom.
Enormous entertainment unit in Schilling’s office.
Schilling’s office elliptical machine.
Another shot of the office.
For more pictures of the 38 Studios auction check out WPRI’s photo gallery.
schilling is a joke and he knows that the "bloody" sock was a fakery. NO doctor would have allowed him to play with an open wound like that and after having been supposedly just "hanging by a thread". That world series title was bought and paid for and everybody knows it. Sports are so fixed it's ridiculous - why do you think they are calling it Sports Entertainment? Because it's just like wrestling...scripted...
Why in the world is this reporter getting into it with Schilling. From what I have read Schilling basically has lost almost all of his net wealth and is now almost broke. This happens often enough why rub salt into the wound. Our government in general makes horrible investments over and over and yet you have to go out and get after a famous athlete. Think this reporter is an attention whore looking for an opportunity to get his name out there.
$700 chairs are nothing, I work in that industry and sell $3500 chairs all day long. But Curt is a hothead, and now he is an easy target, so what else is going on?
I've worked for a start up and am working for a start up gaming company at the moment and some of these expenses are pretty crazy. The $700 chairs? Come on now. I know all the money that can be spent, but at some point someone has to realize that the money is just be wasted. I agree with the poster above about the shower and how if it was there already, its usually no expense. That's what we have in one of our bathrooms as well. But his office is crazy. That entertainment center alone is expensive. I know all about giving the CEO's what they want, but also at some point someone has to put the foot down and say no. This clearly wasn't the case here.
The reporter is a pansy ....Why not look at some of the military OVERSPENDING and do some real investigative reporting....
Not sure what is so lavish about a shower in a bathroom. This isn't Enron style. If the room was already plumbed for a shower there was no extra cost. An entertainment center and elliptical machine, I have seen far worse excesses.
Not a Schilling fan, but have worked with graphic designers. You need top-notch fixtures to attract top-notch designers. What are you gonna do, make them work in a pit? You need to set yourself above the competition. Maybe they could all share one laptop and an outhouse?
Pretty easy to kick Schill when he's down. You'd be kissing his butt if he turned a profit! Why not track down some of people Barry gave BILLIONS to who went belly up?
One pound is worth $1.60, one shilling is worth 1/20 of a pound. That means a shilling is worth 8 cents, not Curt Shilling himself.
Thats a pretty idiotic statement, can you back any of it up with facts? I am guessing you are not very coordinated and hated the "jocks" in school because they could play sports and you couldnt, thats no reason to bash sports in general and make idiotic statements.
Those are all opinions. You back nothing up with facts. Just your own petty ramblings. If you are retarded, I apologize.
David - you are right. Lots of places have much more excess and lavish spending. The issue is that 38 Studios went through the tax-payer funded $75 million in less than two years and is now bankrupt and out of business. If a company is spending that poorly, everything goes under the microscope...including an elliptical.
Tom - I don't disagree but something is wrong when you blow through $75 million in under two years and are not out of business.