Curt Schilling holding estate sale this weekend

Former MLB pitcher and 38 Studios founder to sell home furnishings, including Kingdoms of Amalur items, this weekend; home itself up for sale at $3 million.

Former MLB pitcher and founder of failed game company 38 Studios Curt Schilling will hold an estate sale at his Medfield, Mass. home this weekend, according to CBS Boston.

The estate sale will be managed by Consign Works and features furniture, decor, and other various furnishing from his 7-bedroom, 8,000 square-foot home in eastern Massachusetts.

Regarding Kingdoms of Amalur, up for sale will be a 38 Studios drafting table and various posters related to the game. The estate sale takes place this Saturday, October 12, from 8 a.m.-4 p.m.

38 Studios went bankrupt in the summer of 2012, leaving Rhode Island on the hook for millions related to a $75 million loan that saw the company move from Massachusetts to Rhode Island in 2010. Schilling has said that he lost $50 million of his own money as part of the company's insolvency.

Schilling's home itself is also up for sale with an asking price of $3 million. The home is located on a private road and features 27 acres of land, a pool, sand volleyball court, ice skating rink, and putting green.

In addition, a 38 Studios liquidation auction will take place next month. Featured in the auction will be a number of intellectual property assets in the Amalur fantasy universe. These include the massively multiplayer game Project Copernicus, sequel rights to Kingdoms of Amalur: Reckoning, and merchandise rights and revenue streams associated with the Xbox 360, PlayStation 3, and PC versions of Kingdoms of Amalur: Reckoning.

Also featured in the auction are intellectual property rights for Big Huge Games franchises, including Rise of Nations, Rise of Legends, and Catan.

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Eddie Makuch

Eddie Makuch is a news editor at GameSpot, and would like to see the Whalers return to Hartford.
49 comments
R083R70
R083R70

Kingdoms of Amalur is one gigantic tragedy and I feel down whenever I hear about it.  I hope the ip will live on to meet it's potential and that the people who worked on it will still be able to do what they love.

Morgueson
Morgueson

Well, glad to know the Amalur IP has perhaps a future!

TheEveryMan
TheEveryMan

He saw how much money games were making and wanted a piece of the pie. But the method in which he tried to get the slice was idiotic and brash. With a $75 million dollar loan, it's clear he wanted the entire pie, not just a slice!

jsmoke03
jsmoke03

is it me or gamespot sounding too much like a realtor trying to sell me a property and furnishings? lol

shreddyz
shreddyz

I have enough money to maybe bid on some posters. :)

Wow 38 comments!

blackothh
blackothh

Without knowing all the details from all sides, this whole situation is just stupid.

Daian
Daian

Such a shame that money was so poorly managed, look at the mess it created.

Kyrylo
Kyrylo

i hope it gets bought. it was hundred times better than crap like Skyrim 

robbiejones
robbiejones

bad RPG with decent combat mechanics

LuzerGS
LuzerGS

Man...I've been following this whole saga ever since it all started and every time something new pops up, I just feel SO dang bad for Curt and the rest of the ex-38S crew.

I'm not really intelligent so I don't know the ins and outs of the situation but I just feel like the RI government really tossed them to the dogs.

Heartless F*cks.

meatz666
meatz666

GAMESPOT!

NOBODY CARES ABOUT THIS STORY ANYMORE.

PLEASE STOP POSTING ABOUT IT EVERYDAY!

tightwad34
tightwad34

I just hope he is making enough money from ESPN to keep food on the table. I mean after he loses even more $$.

SultaN-s
SultaN-s

This is very sad. Kingdoms of Amalur WAS good. It had one if the best gameplay mechanics. The only problem was that the story was kinda boring. It's a 9/10 game!!

thermalmotion
thermalmotion

Damn, a 3 million home around here will get you 3 bedrooms on 0.25 acres, maybe a hottub.

kingtemplar
kingtemplar

Too bad, it was a good game.  He reached too far, he should have started on a shoestring.  Too bad kickstarter wasn't popular when he started, he would have got a lot of donations. ( Hey not a bad idea somebody should start a kickstarter for him)

JimmeyBurrows
JimmeyBurrows

Is he raising money to try and buy back the rights to Amalur maybe?

naomha1
naomha1

So sad. Schilling put everything he had on the line to live his dream. One of the greatest baseball players ever. Worked years and years to accomplish what he wanted to do. It's sad. Still, he lived the dream and knew there were risks. I have much respect for trying and failing than never trying at all. I wish that man the best of luck in the future. 

nyran125tk
nyran125tk

I don't know. Schilling musnt of known the industry very well. I dont know the industry very well, but i certainly wouldnt of banked on 5 million sales as an expectation on a brand new franchise, just because it was an RPG. I loved the game though, it was awesome and im thinking of even playing it again.

wwlettsome
wwlettsome

Why is he having an estate sale? Does he need the cash or he just clearing out his basement?

Gladestone1
Gladestone1

flying ace your a fool he had that house as a pitcher he made a lot of cash..With he purchased as a ball player rofl lmao you guys make me laugh with dumb comments..

FlyingAce1016
FlyingAce1016

no wonder the company went under the ceo wasted the companies money on a freakin huge house xD

brxricano
brxricano

if the auction is anything like that banner, stream that mother on Twitch.

joce667
joce667

I want the bloody sox !

clangland7
clangland7

@TheEveryMan It's obvious that you're making this comment knowing a small amount of the story.  Yes, obviously there were mistakes made, but what you mentioned wasn't the motivation.  Curt Schilling is a long time MMO gamer and put in a lot of his own money to help bring his shared-vision of a great RPG to life (and planned, eventually MMO).  Of course a lot of other's money went into it too, EA and controversially the State of Rhode Island.  Ambition (or trying to do too much) wasn't the main pit-fall of the game, but expecting sales figures were way out of wack and in retrospect, the amount of money that was put into development.

The game sold well for a new IP.  But that's just the thing, new IP's are risky and to that, by an unproven company.  You don't put the funding of say, an Elder Scrolls in a new IP (by a new company), unless you're willing to lose money.  Publishers are reluctant to fund new IPs for this reason.

Many mistakes were made on the business side, and that's a shame.. mostly for the lives that were affected by this.

DWalker131
DWalker131

@b74kd3th i bloody hope so, what a big piece of double standard DUNG, its ok for him to sell a house he doesn't need yet its not ok to sell a game that we no longer need, old fart should drink toilet water coz tap water hasn't been used enough to suit his standards (hope i got the right schillings) lol

Tzardok
Tzardok

@LuzerGS You maybe uninformed of this topic, but your post alone sounds intelligent to me. =)

I can also relate to what you said about this issue. But it seems like common sense not to mess with public money, I am somewhat surprised they jumped to the deal when the offer came up.

jimbothef
jimbothef

@JimmeyBurrows No, he's raising money to keep the bankers at bay, since he took out some loans personally to keep the company going.

jimbothef
jimbothef

@naomha1 Nothing wrong with trying and failing usually, but not in the way Schilling did it.  He mismanaged the whole situation and cost everyone involved (himself, the state, employees, etc.) a ton in terms of money as well as general distress.  If he wanted to go chase his dream, he should have been a more realistic about his goals.  Starting a studio from scratch and immediately attempting to develop an MMO was just insanely dumb and way too risky.

ignis_sulphur
ignis_sulphur

@wwlettsome he had full liability in the company . Which means he has to sell all assets in his name to cover his debts then file for bankruptcy .

WingChopMasta
WingChopMasta

@FlyingAce1016 He wasted 50 million of his own money. The dude had a shit load of money from playing baseball, his house had nothing to do with the money he got for his game company.

Using common sense to put 2 and 2 together is a good skill to learn.

Renunciation
Renunciation

@FlyingAce1016 Consider that the CEO was a championship-winning baseball player who earned over $100 million before retiring from the sport.

razama
razama

@clangland7 @TheEveryMan Exactly. Schillings always loved video games and MMOs in particular. I think the major mistake they made was trying to dive into the MMO scene without enough knowledge of what they were doing. 

It is a sad story because I remember him showing off Kingdom of Amalur at E3 and he looked like a kid on christmas morning when he got to talk about his game. He was so happy and proud of the game it was kind of embarassing. 

JJames3dCG
JJames3dCG

@jimbothef @naomha1 Like you know anything about anything. You don't know what's involved in making an MMO. You don't know what's involved in starting a gaming company. You also DON"T KNOW the inner workings/details of the whole story, and for you to presume you do, says it ALL about "what you know." The guy above you "naomha1" said it best. People need to go for it in life. And he did. Things just didn't go as planned. Whether that's his fault or many many others' fault, we (as uninformed gamespot readers) will never really know. But 75 million, to start a company, hire a team of VERY talented people, and pay them for years to work on, produce, and publish this game, is NOT crazy spending. 


So, save your nonsensical BS statements about Curt mismanaging things, and shutty.

eyeball2452
eyeball2452

@Renunciation @FlyingAce1016 Still have little pity for Schil.  Love him for the championships, but he's an arrogant bastard that bit off more than he could chew, screwed a lot of people and is now rightly feeling the pain too.

jimbothef
jimbothef

@JJames3dCG @jimbothef @naomha1 I don't know anything about making an MMO....but neither did Curt Schilling.  Go look at all the screwups he made (http://www.bostonmagazine.com/2012/07/38-studios-end-game/).  The company was horribly run, money was wasted in HUGE amounts, and for what?  A game that never came close to getting published, and was facing an uphill battle anyway (WoW still owns the market).  Curt isn't the only one to blame, but he deserves a lot of it.  I'm all for someone pursuing their dream and creating jobs in the process, but Curt did it recklessly.

nyran125tk
nyran125tk

@eyeball2452 @Renunciation @FlyingAce1016 i think whoever was his advisors fucked him over and forgot to tell him new franchises sometimes wont make it to a million sales