38 Studios' Check to Rhode Island Bounces

Uh, oops?

Curt Schilling's 38 Studios, famous for Kingdoms of Amalur, is having severe, potentially fatal financial issues. The $75 million loan from the state of Rhode Island that kicked off their studio required a $1.125 million recently, and 38 Studios just couldn't pay it. As a result, the entire operation is now in default. Schilling held an emergency meeting with the Rhode Island Economic Development Corporation to ask for assistance, but it apparently did not go well, as the state refused

But then, while not paying its employees to get a last-minute check to the state, the check bounced. Most of 38's temporary workers and contractors have been terminated, and Schilling and 38 Studios have been very silent on the issue. Things are looking extremely grim for the ambitious studio's future. Insert your own baseball joke here. 


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