Former Red Sox pitcher Curt Schilling and others have agreed to pay $2.5 million to settle their part of a lawsuit brought over Rhode Island's disastrous $75 million deal with 38 Studios, his failed video game company, the Associated Press reported yesterday. The settlement agreement with Schilling and other 38 Studios officials was announced on Monday by the Rhode Island Commerce Corp. The settlement must still be approved by a judge. If approved, it would bring the amount of settlements in the case to approximately $45 million. The only remaining defendant would be First Southwest, which acted as Rhode Island's financial adviser in the deal.
