Curt Schilling has candidly addressed his failures and that of his development company, 38 Studios, in his first interview since the company’s recent collapse.

A former baseball star and long-time videogame enthusiast, Schilling set up 38 Studios and developed Kingdoms of Amalur: Reckoning. The developer was also working on a massively multiplayer online RPG based in the same world.

In spite of critical acclaim, by March this year, Amalur had sold only 330,000 copies in the US in the face of strong competition, particularly Bethesda’s The Elder Scrolls V: Skyrim.

Speaking with the Boston Globe, Schilling said he’d done wrong by his employees after failing to warn them of the company’s poor financial situation.

“They have every right to be upset. I always told everybody if something were going to happen, you're going to have a month or two of lead time, and I bombed on that one in epic fashion.”

Schilling said he invested $50 million of his own money into the business, and added that he’s unlikely to ever recuperate those losses.

“The money I saved and earned playing baseball was probably all gone…Life is going to be different.”

“I put everything in my name in this company," he said. "I believed in it. I believed in what we built. I never took a penny in salary. I never took a penny for anything.”

Little profit came to 38 Studios from Amalur’s sales as it went to reimbursing publisher Electronic Arts’ initial investment.