Ocean State Trying to Lure Schilling’s Development Company

July 12, 2010 -

Ex-Major League Baseball pitcher Curt Schilling may have retired some years ago, but he is still getting wooed like he’s still a top free agent pitcher.

Boston.com carries word that Rhode Island is in the midst of guaranteeing a $75 million loan to Schilling’s 38 Studios LLC in order to get the company to relocate from Massachusetts to its neighbor to the South. The Rhode Island Economic Development Corporation, a “quasi-public agency,” will hold a meeting on Thursday to consider the plan.

38 Studios, currently working on an RPG codenamed Project Mercury that will be published by Electronic Arts, as well as an MMORPG (codenamed Copernicus), currently employs 180 people in locations in both Maynard, Mass. and Maryland. Schilling expects to ramp up to 500 employees eventually.

Fantasy author R.A. Salvatore and comic creator Todd McFarlane are listed, along with Schilling, as 38 Studios’ “visionaries.”


 
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