Boston - TD Garden
by Joann Vitali
Title
Boston - TD Garden
Artist
Joann Vitali
Medium
Photograph - Photography
Description
When constructed to replace the aging Boston Garden as the home of the Boston Celtics basketball team and the Boston Bruins hockey team, the arena was called the FleetCenter. The arena opened on September 30, 1995.
During the construction phase, the naming rights to the "New Garden" were sold to a major Boston-based regional bank, Shawmut Bank. However, just as the Shawmut Center was being completed, Shawmut merged with its somewhat larger rival, the Providence-based Fleet Bank. The merger was negotiated in secret while Shawmut and Fleet's marketing departments were simultaneously engaged in a spirited bidding war for the arena's naming rights. The post-merger bank had effectively been bidding against itself. The bank which won the competition for the "New Garden's" naming rights, Shawmut, was the bank whose name disappeared during the merger. Shortly before the new arena opened, every seat, which had been stamped with the Shawmut logo, had to be replaced. Also, the entire color scheme for the interior had to be adjusted.
2004 Celtics game at the then named FleetCenter
The name of the arena was expected to change as a result of the April 1, 2004 merger of FleetBoston Financial with Bank of America. On January 5, 2005, Delaware North announced an agreement under which the bank made a payment to be released from the remaining six years on the naming rights agreement. The agreement left Delaware North free to sell the naming rights to another sponsor. On March 3, 2005, Maine-based TD Banknorth, a U.S. subsidiary of Toronto-Dominion Bank, announced its purchase of the naming rights for $6 million per year.[14] The first major event after the announcement was the 2005 Hockey East men's tournament.
The company named the facility "TD Banknorth Garden" in honor of the original Boston Garden. The name officially became the TD Banknorth Garden on July 1, 2005. Prior to that date, it went under the name "YourGarden".
In early 2005, while still searching for a long-term corporate sponsor, the FleetCenter conducted auctions on eBay to sell one-day naming rights. From February 10 to March 13, the FleetCenter sold the naming rights 30 different times on eBay. The net proceeds of $150,633.22 generated during the auction was donated to charities in the Greater Boston area, and $40,000 worth of My Grandma's Coffee Cakes was donated to local food banks. The FleetCenter also made private arrangements with a few companies for one-day naming rights, and offered one day's rights in an employee raffle.
During the name auction, only twice were names reported to be rejected. Kerry Konrad, a New York City lawyer and Yankees fan, won naming rights for March 1 with a bid of $2300. He proposed the name "Derek Jeter Center", after the New York Yankees shortstop, a stab at fellow Harvard College alumnus and Boston Red Sox fan Jerry Rappaport, Jr., with whom he had a 25 year-old rivalry. Being in the heart of Red Sox Nation, the name did not sit well with the executives and was rejected. An agreement was reached in which Rappaport added $6300 for a total bid of $8600, representing the 86 years of the Curse of the Bambino, and named the arena "New Boston Garden, Home of The Jimmy Fund Champions". Fark.com founder Drew Curtis held a contest on his website to name the arena after he bought single-day rights. A user vote resulted in the "Fark.com UFIA Center" coming on top, but the name was rejected due to its inappropriate meaning. The name eventually selected by Curtis and company was "Boston Garden".
Including its present name, the TD Garden has had 33 different names
Uploaded
February 21st, 2014
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