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Schilling likes playing cards — did the state adequately scrutinize his hand?

May 29, 2012

There’s some unintended irony in this 2005 appearance by Curt Schilling on Bravo’s Celebrity Poker:

Schilling was paired with Ray Romano, Sarah Rue, Brad Garrett, and Catherine O’Hara  in playing cards for charity, in his case, the SHADE Foundation created by his wife, Shonda.

Schilling’s quiet for most of this clip. But at about nine minutes in, he talks about how he’s been “competitive since the moment I can remember.” He attributes that to playing sports as a kid.

Schilling goes on to talk about he became an avid card player early in his minor league career. Speaking of his Red Sox teammates in 2005, he said, “We play Texas hold-em pretty much exclusively on all of our plane flights.”

Schilling  goes on to say, “My teammates are going to scrutinize every single hand I play.” 

As the meltdown of 38 Studios continues to play out in Rhode Island, one of the main questions is whether the state adequately vetted Schilling’s plan for his video game business.

Schilling blames Governor Lincoln Chafee, in a story published in today’s Providence Journal, for cutting his company off at the knees.

Yet As CNN Money reports, 38 Studios may have been undercapitalized from the get-go: 

The whole idea was flawed from the start,” says Kevin Dent, a 14-year veteran of the industry who funds start-up video game companies.

“MMOs are the third rail of the industry. Even established publishers get into trouble with MMOs,” he says. “The latest good product, Star Wars: The Old Republic, Electronic Arts spent $200 million to develop plus $80 million for post-launch content and support. Then they spent $50 million on marketing. You cannot make a MMO for $75 million. Rhode Island didn’t do their due diligence.”

Meanwhile, former Governor Don Carcieri, who championed the 38 Studios project, declines to speak to reporters.

7 Comments leave one →
  1. SGH permalink
    May 29, 2012 3:38 pm

    The difficult MMO development process (and the sheer level of difficulty to create something that could beat World of Warcraft) should’ve been a huge argument from the beginning, and I don’t remember it ever taking center stage about how risky this was. Ian, do you know if legislators or investors or others were saying anything along those lines two years ago?

  2. May 29, 2012 4:12 pm

    I’m sure that our former businessman governor isrally sad that government doesn’t run like a business…it can’t keepits stakeholdersin the dark very long.

  3. May 29, 2012 5:21 pm

    Shilling claims to be a gambler, a competitor and capitalist yet he seems to want an edge in order to play. I can empathize with his sense of loss, but not his denial of his own role in the situation. If he were the capitalist he claims to be, he would take responsibility for the results instead of blaming the current Governor, the caretaker of the taxpayer’s investment. If he had borrowed from a bank, which apparently he couldn’t. wouldn’t he be facing the same result?

    Meanwhile, one wonders why our Former Governor has not put up his fortune to support this deal once he was out of office, if he thought it was so good for the rest of us?

  4. May 29, 2012 5:27 pm

    SGH, the go-ahead for the $75M loan guarantee for 38 Studios came from the EDC, and there were some people at that time — including Lincoln Chafee — who said the deal was too risky. Obviously, that didn’t stop the deal from happening.

  5. tim1999 permalink
    May 29, 2012 11:31 pm

    And the point of the Schilling clip was?????

    Pretty pretty weak effort Ian.
    Been highly unimpressed with RI Public radio’s work in this story.

    • Mister Guy permalink
      June 1, 2012 3:15 am

      “Been highly unimpressed with RI Public radio’s work in this story.”

      What a surprise…you’re usually so “complementary” in your comments here Timmy…ugh…

  6. Joseph Ferreira permalink
    May 31, 2012 1:00 pm

    It’s sad that in this day and age, demonstrating the utter hypocrisy of Carcieri, Schilling and others who supported the folly that has become 38 Studios (yes, that includes Gordon Fox and Theresa Paiva-Weed, so there is considerable bi-partisan blame to be shared) is met with either hostility or indifference by the powers that be and their enablers, namely the apathetic voters of RI.

    While Gov. Chafee hasn’t yet accomplished great things in his tenure, due in part to stonewalling by the state legislature and the need to clean up multiple messes left by his predecessor, at least he tries to move both issues and the debates forward. His position as an independent rather than a member of either “compromised” major parties leaves him vulnerable to being marginalized by the small-minded, parochial politicians who have brought us to this lowly situation – once more the laughing stock of the region if not the nation as a whole. The ProJo has belatedly joined this fray to further bolster its credentials as the pro-conservative entity we know it to be, giving Schilling the opportunity to savage Gov. Chafee’s efforts to minimize the damage already caused to the state by this “deal.”

    While the two ProJo reporters did their due diligence in writing the story, giving Schilling a platform to speak when he has blatantly refused to communicate with other news outlets like RIPR, the Boston Globe, GoLocalProv and others seems like political party favouritism and lends more than a whiff of suspicion that the ProJo will use this as the basis for yet another attack on Gov. Chafee and his attempts to rectify what Carcieri, Fox and Paiva-Weed have done to us here over the past several years.

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