Embattled 38 Studios LLC, the video-game company owned by Boston Red Sox pitcher Curt Schilling, made its past-due $1.125 million payment to Rhode Island on Friday, Gov, Lincoln Chafee announced.
“We have that check and it cleared,” Chafee said at an afternoon press conference. One day earlier, a check for the same amount bounced.
The payment is part of a $75 million guaranteed loan package granted to Schilling’s company to entice him to move to Providence from Maynard, Mass. The controversy surrounding the deal triggered a media firestorm.
Chafee also said the state would propose procedural changes for a company to be eligible for motion picture tax credits.