Schilling Tells WEEI That Company's Loss Tapped Him Out

Former Boston Red Sox pitcher Curt Schilling, a Medfield resident, said on WEEI Radio Friday he "probably lost his baseball fortune" when his video company, 38 Studio went bankrupt. He said he put "north of $50 million" of his own money into the company and didn't take a salary.

Schilling appeared on the Dennis and Callahan Show for 90 minutes to air his side of what went wrong with his company.

Highlights from the interview:

-Schilling lost $50 million, which he said is the money he saved from his baseball career and had to break the news to his family about the lost of income. He said it will probably lead to a change in their lifestyle.

"It's been kind of a surreal 60 days, 75 days," Schilling said. "It's crushing and devastating to see it fail the way it did."

-In the radio interview, he pointed the blame for the collapse of the company on comments made by Rhode Island officials about his company, especially Governor Lincoln Chafee. The state offered a $75 million guarantee for Schilling to move his company from Maynard, Massachusetts to Rhode Island. 38 Studio's finances is being investigated.

Schilling said of Chaffee, "I think he had an agenda."

-Schilling said it was a difficult time for his family and that his faith was getting helping him through it.

"I'm not asking for sympathy," said Schilling on WEEI. "It was my choice. I chose to do this, I wanted to build this, I wanted to create the jobs and create something that had a long-standing, world-changing effect. And we were close. We were close to getting there, and it fell apart."

You can read more about the story at www.espn.go.com.

You can hear the entire interview at http://audio.weei.com/a/58109860/curt-schilling-says-he-is-tapped-out-financially-and-lost-50-million-complete-interview.htm