Chafee: 38 Studios' flagship game 'a lot of junk,' not unexpected it failed to sell at auction
CRANSTON, R.I. (AP) -- Rhode Island Gov. Lincoln Chafee says he's not surprised the flagship game under development by Curt Schilling's defunct video game company failed to sell at auction, calling it "a lot of junk."
Schilling's company, 38 Studios, was developing a game with the help of a $75 million state loan guarantee when it went bankrupt last year. A court-appointed receiver has been trying to sell its assets, but an auction last week produced no acceptable offers for the game.
Speaking Thursday on WJAR-TV's 10 News Conference, Chafee says people panicked over the state's collapsing economy and "gave a retired baseball player a huge amount of taxpayer money" even though he had no business experience.
He says he's focusing on recouping the money, rather than figuring out how the decision was made.