Former Boston Red Sox pitcher Curt Schilling has, until recently, had a relatively quiet retirement. I say relatively because even though he pops up in the news every now and then and makes an appearance on the occasional talk show, the former Sox ace has stayed largely out of the public eye.
That quiet, peaceful, under the radar retirement obviously could not last TOO long for Schilling, however. Schilling owns a video game company, aptly named 38 studios. His company has produced some games that have received excellent reviews, namely Kingdoms of Amalur: Reckoning. Unfortunately for Schilling and his employees, the company has recently come under fire for being unable to repay a loan provided them by the state of Rhode Island. On top of missing a payment earlier in May, the company bounced a $1.1 million check to the state.
Yesterday, the situation came to a head when Schilling laid off his entire staff of almost 400 people. That’s right, everyone was canned. An email sent anonymously by one of the ex-employees has surfaced, and it reads:
38 Studios just laid off its entire staff, both Providence and BHG studios are being shuttered.
We have not received a paycheck since April 30th.
On May 15th, we found out we were not getting paid when our checks did not hit our accounts.
Our medical insurance runs out tonight at midnight.
We found this out when an employee’s pregnant wife was told by her doctor, this was on Tuesday 22nd May this week.
The company has not communicated anything concrete to the team throughout this process, leaving team members to figure out insurance stop-gaps (where people could afford it), etc. on their own.
It’s shocking that so many professional athletes enter into business ventures that flounder both during and after their careers. You would think that they have made enough contacts to be able to put together a team that is capable of turning some kind of profit. On the other hand, however, there are a lot of piranhas lurking around to take advantage of those individuals that aren’t exactly business savvy. I can only hope, for the sake of Schilling’s employees, that they land on their feet in the very near future.