Schilling's company gives RI bad $1.1M check
PROVIDENCE, R.I. (AP) -- Rhode Island has returned a promised payment of $1.1 million from former Red Sox pitcher Curt Schilling's troubled video game company after learning the check would bounce.
38 Studios hand-delivered the check to the state's Economic Development Corp. on Thursday evening, but a company official told the agency that there were insufficient funds to cover the payment.
Gov. Lincoln Chafee had said he expected the company to submit the payment that was due May 1.
The company relocated from Massachusetts in 2010 after Rhode Island offered a $75 million loan guarantee that state officials said would means new jobs and tax revenue.
38 Studios on Wednesday asked for additional state assistance after missing the payment.
Schilling did not immediately return calls seeking comment Thursday.