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Curt Schilling’s Failed Game Studio Finally Sends Last Paychecks

  • Money is only a fraction of what former employees were owed
  • 38 Studios closed in 2012 after mismanagement, lavish spending
Curt SchillingPhotographer: Tony Avelar/Bloomberg
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In 2012, former baseball player Curt Schilling abruptly shut down his video game company 38 Studios without giving about 400 employees their final paychecks. Nine years later, many of those people are finally seeing some money -- although it’s just a fraction of what they were owed.

Many of the staff who worked for the volatile game developer in either its Rhode Island or Maryland offices will receive payment of about 14% or 20%, respectively, of what the company owed them before it ran out of money and was forced to shut down on May 24, 2012, according to bankruptcy documents.