Schilling's Bloody Sock Was Used to Secure Loan
Curt Schilling may have to sell his famous bloody sock which was one of many items used to secure financing for his now-failed video gaming company.
Curt Schilling's famous "bloody sock," which he wore in the 2004 World Series, is among the many items the former Red Sox pitcher listed as collateral when he personally guaranteed a portion of the funding for his now-defunct video company.
Schilling could be forced to sell the piece of Red Sox history to help pay back millions of dollars in loans he guaranteed for his failed video game company, 38 Studios, reports The Boston Globe.
According to a document filed with the Massachusetts Secretary of State’s office, the bloody sock was one of several items used to secure as much as $9.6 million from Bank Rhode Island and $2.4 million from RBS Citizens (also known as Citizens Bank).
Items listed on Schilling's UCC financial statement include:
- Baseball cap identified as being worn by Lou Gehrig on or about 1927
- Collection of World War II era memorabilia (including those presently held at the National WWII Museum)
- The so-called "bloody sock" worn by Debtor during Game 2 of the 2004 World Series
- Proceeds of Debtor's investment in StepStone Capital Partners II Onshore LP
In addition, Schilling has listed his 20-room, 26-acre Medfield estate for sale for nearly $3.5 million.
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