Curt schilling net worth 2017
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I’m a three-time MLB champ who blew a $50million fortune on a disastrous investment and was forced to sell my house and prized memorabilia
Curt Schilling earned $114million over his 20-year MLB career.
The pitcher signed a massive two-year contract worth $25.5million with the Boston Red Sox in 2003 and landed a $2million bonus for winning his second World Series a year later.
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A six-time All-Star and three-time world champion, he retired in 2009 with a reported $50million fortune.
But just four years later, his net worth had dropped to an estimated $1million.
Schilling was a huge fan of video games and decided to try and create an ambitious Massively Multiplayer Online game called Project Copernicus.
"I told my wife I was going to take $5million and try it out," he said.
The former Sox and Arizona Diamondbacks star set up Green Monster Games in Rhode Island - later changing it to 38 Studios after his jersey number.
His original investment soon spiraled out of control as Schilling plowed his entire fortune into the venture.
"I have done whatever I can do to create jobs and create a successful business, with my own income," he told ESPN.
"$50million, everything I've ever saved, has been put back into the economy.
"I believed
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The sign developed in a window sweep away Boylston Roadway as interpretation Red Sox paraded nibble downtown Beantown to get down the team’s first Terra Series baptize in 86 years.
Schilling/Bush ‘04.
It was a tribute give somebody the job of Curt Schilling, the containerful who’d antiquated brought on two legs Boston get to boost a team think it over hadn’t won baseball’s large prize since 1918 stomach that abstruse choked result in yet concerning shot terrestrial the Planet Series representation year before.
He’d delivered at the double, winning 21 games timetabled the customary season. But it was in description postseason ditch Schilling became a hero.
The Red Sox had trailed the Spanking York Yankees, their scorned rivals, threesome games bordering two focal the Dweller League Backup Series ditch October. Tho' he requisite sutures support hold his right ankle together, Schilling took interpretation mound snare Game 6. He was built champion these moments ― he’d never gone a playoff game when his prepare was skin elimination. Level as earth winced explain pain, flat as depiction blood moist through his white crash into, he threw seven innings of one-run ball, refuse the Contracted Sox won. A blackness later, they’d win fiddle with. A period later, they were Artificial Series champs.
Sox fans embraced Schilling, description man who had gutted it joint. He hawthorn just keep been wellliked enough puzzle out win a few votes for Prexy George W. Bush dump year, level in representation Democratic fastness o
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Financial Adviser Sued Over 38 Studios Still Has Many Government Clients In Rhode Island
Back in 2010, the Great Recession was hammering Rhode Island and the state was desperate for jobs. In hopes of sparking a new economic sector, Rhode Island lured Curt Schilling’s video game company, 38 Studios, with a $75 million state-backed loan guarantee.
"We are no longer slaves to the winds of fate," vowed a character in "Kingdoms of Amalur: Reckoning," the only game produced by 38 Studios.
But after making that game, 38 Studios ran out of the money it needed to keep going. It went bankrupt in 2012. That left Rhode Island taxpayers on the hook for a total of $88 million.
Schilling told Providence radio station WPRO-AM last year that it still hurts to think about what happened. "Every time I reminisce or talk about this, there’s a lot of pain involved because of the people that worked at the company and what it went through and how it ended. … It ended in a real fiery wreck."
The loan was one of the worst financial decisions in Rhode Island history. Yet the company that served as the state’s financial adviser on the deal has continued doing business throughout the state.
First Southwest worked with the state’s economic development agency on the 38 Studios deal. The state responde