Board OK'd 38 Studios settlement without knowing who'd pay (Yahoo Sports)

Rhode Island's economic development agency says officials who approved a partial $12.5 million settlement last year in the agency's lawsuit over its $75 million deal with ex-Red Sox pitcher Curt Schilling's 38 Studios did so without knowing where exactly the money would come from. Former Executive Director Keith Stokes and former Deputy Executive Director Michael Saul, along with lawyer Rob Stolzman and his firm, Adler Pollock & Sheehan, agreed jointly last year to pay $12.5 million to settle their parts in the lawsuit. Members of the board at the Commerce Corp. were never told how much of the settlement would be paid by the agency's two former top officials or how much its own insurance policy would pay, Commerce spokeswoman Kayla Rosen told The Associated Press.