Schilling breaks silence on demise of 38 Studios

EAST PROVIDENCE, R.I. (WPRI) — For the first time since the collapse of 38 Studios, Curt Schilling took to the airwaves on Tuesday to tell his side of the story.

Schilling was a guest on the John Depetro Show on 630 WPRO. The former Red Sox ace has repeatedly said he has nothing to apologize to Rhode Island for when it comes to the failed deal – which left taxpayers on the hook for millions of dollars – and he continued that sentiment Tuesday morning.

“When I say, ‘what do you want me to apologize for?’ I’m seriously asking, in the sense that I never did anything malicious or illegal,” Schilling said.

Schilling moved 38 Studios from Massachusetts to Rhode Island in 2010 in exchange for a $75-million loan guarantee. He recounted the moment on the House floor when the tax incentive program passed.

“When Representative [Robert] Watson stands up, and starts going off, I realized nobody in the legislature had any idea that this $75 million was earmarked for 38 Studios,” he stated.

During the extended interview, Schilling also said he made up his mind and plans to run against U.S. Sen. Elizabeth Warren in 2018, as long as his wife approves.

The interview came just two days after the Providence Journal printed an op-ed written by Schilling, in which he defended his actions.

Schilling called then-Gov. Lincoln Chafee inept and said the state misled his team by only giving two-thirds of the loan proceedings.

“Less than two weeks prior to the move to Providence…we were informed of the change in the bond amount,” he wrote.

Eyewitness News found the official state fact sheet from before the close, and it clearly stated that 38 Studios would only receive $51 million.