Duke4.net Forums: Randy's Pitchford Corner - Duke4.net Forums

Jump to content

Hide message Show message
Welcome to the Duke4.net Forums!

Register an account now to get access to all board features. After you've registered and logged in, you'll be able to create topics, post replies, send and receive private messages, disable the viewing of ads and more!

  • 7 Pages +
  • « First
  • 5
  • 6
  • 7
  • You cannot start a new topic
  • You cannot reply to this topic

Randy's Pitchford Corner  "Previously "Randy's Bonus and...Child Porn?!""

User is offline   Zaxx 

#181


1

User is offline   Trooper Dan 

  • Duke Plus Developer

#182

Quote

In other words, upon satisfaction of the terms, publisher 2K Games would pay out $15 million to Gearbox split into three payments of $5 million each. These are funds earned by Pitchford and Bahl in their roles as Gearbox employees. 2K Games very much wanted Pitchford and Bahl involved in the project, and the clause ties the $15 million to three key development milestones (including “release to master” or what is commonly called “going gold”), their “attentions toward the development and success of” Borderlands 3, and their personal engagement for 30 hours per week. The word “recoupable” is important, because it indicates that the bonus was part of 2K’s funding of Borderlands 3’s development and, like most publisher expenses, must be paid back by way of royalties after the game ships.

In Callender’s original complaint, he alleged the misappropriation of funds. In his most recent amended petition, he and his attorneys have provided both the original contract clause and an amendment to the “Bonus for satisfaction of dedicated executive requirement” clause. The March 1, 2017 amendment authorizes 2K Games to divert Pitchford’s $12 million recoupable bonus to his personal company, Pitchford Entertainment, Media, and Magic. The document, which is redacted, does clearly bear signatures for both Gearbox and 2K representatives.


So the 15 million came from 2K to help Gearbox finish developing Borderlands 3. And the money is to be paid back after the game ships. Pitchford reportedly had the money diverted to his own company instead, but here's where I get completely confused. There's an amendment to the bonus contract which authorizes that very thing. This sounds shady, but not illegal.

Also, near the end of the article:

Quote

However, because the clause is written to specifically name Pitchford and Bahl, a case could be made that he earned those funds directly.
“It was likely Randy negotiating the agreement directly, so that brings up its own concerns, especially if the plan was always for Randy to receive this $12 million,”


Legally, it's murky. Ethically, yeah, it sure sounds like the bonus should have gone to other Gearbox employees. But then again, the money all has to be paid back to 2K anyway, so it's essentially a loan.
0

#183

Wish I had 12 million dollars would buy out Duke Nukem, make anew Duke Nukem game but I know just a fucking guy living at home wishing that.
0

User is offline   fuegerstef 

#184

View PostDuke Legacy, on 21 June 2019 - 09:15 AM, said:

Wish I had 12 million dollars would buy out Duke Nukem, make anew Duke Nukem game but I know just a fucking guy living at home wishing that.


You still need the publishing rights from Take Two. So, make it a few millions more.

This post has been edited by fuegerstef: 21 June 2019 - 10:51 AM

0

User is offline   Trooper Dan 

  • Duke Plus Developer

#185

I think anyone with that much money to make a Duke game would come to the conclusion that it's better to save the millions on the IP and make something inspired by Duke instead. You could even hire JSJ to do the voice.
0

#186

Indeed, brand recognition can be one hell of a double-edged sword.
0

User is offline   Lazy Dog 

#187

View Postthricecursed, on 19 June 2019 - 01:46 AM, said:

Former Gearbox employee provides proof Randy Pitchford diverted funds to personal company:

https://gamedaily.bi...impression=true


*grabs popcorn*
0

User is offline   MusicallyInspired 

  • Buy Mage's Initiation!

#188

View Postfuegerstef, on 21 June 2019 - 10:51 AM, said:

You still need the publishing rights from Take Two. So, make it a few millions more.


Don't they only have publishing rights for DNF?
0

User is online   Mark 

  • Honored Donor

#189

I think Duke's future lies in more company supported fan projects like IM.
0

Share this topic:


  • 7 Pages +
  • « First
  • 5
  • 6
  • 7
  • You cannot start a new topic
  • You cannot reply to this topic


All copyrights and trademarks are property of their respective owners. Instead of reading this text, you could be playing Ion Fury! ;) © 2019 Voidpoint, LLC

Enter your sign in name and password


Sign in options