WARWICK, R.I. (WPRI) — The remaining items left behind from 38 Studios will be auctioned off next week, and prospective buyers can take a close look at what’s available ahead of the event.
All that’s left of Curt Schilling’s defunct video game company is high-end computers, monitors, data storage, games, security cameras, and millions of dollars of debt.
Wednesday’s auction will be the third and final held after the state seized the company’s assets in an effort to recoup the roughly $90 million lost in the failed deal. Those interested in the equipment can check it out Monday and Tuesday at the Sheraton Hotel on Post Road in Warwick, then the auction starts at 10 a.m. Wednesday.
Richard Land, the receiver in charge of getting as much money as he can out of the auction, said it took a long time to prepare all the items for sale.
“These computers all needed to be cleaned off entirely to a high level of certainty that there would be no data that might get out into others’ hands,” he explained.
The previous two auctions brought in hundreds of thousands of dollars, but Land did not have an estimate as to how much this last auction will bring in.
“Auctions are a good representation of value, and we’ve got some equipment here that is very high-end and should bring in a considerable amount of money,” he said.
After expenses are paid back, the rest of the money received from the auction will go towards Rhode Island’s annual multimillion dollar payments towards the defaulted loan.
The priciest item available is the game 38 Studios was developing when it went under. Land said they’re still courting offers from companies, but nothing has come of it thus far.
Live auction bidding will begin at 10 a.m. Wednesday. Click here for a full list of available equipment and to bid online.