Bob DeChiara/USA Today

TD Garden reaches settlement with teens that exposed decades of non-payments

Ty Anderson
August 03, 2017 - 5:35 pm

Exposed for over two decades years of non-payments, Bruins owner Jeremy Jacobs and TD Garden have reached a settlement with the state Department of Conservation and Recreation, agreeing to pay them $1.65 million, according to the Boston Globe.

“We have worked diligently with the DCR and state officials on a fair and equitable approach to this issue,” TD Garden president Amy Latimer said in a statement.

According to the Globe, the DCR is contributing an additional $1 million, and the total amount of $2.65 million will directly benefit the community athletic facility in Jackson Square, a project the students who uncovered the oversight had been fighting to fund.

The $1.65 million sum was determined after both TD Garden and DCR officials reviewed three community-style events hosted at the venue for the Massachusetts Interscholastic Athletic Association each March, which the TD Garden receives $25,000 in net proceeds from the events each year. They then added that amount up over the 22 years of missed payments to $550,000, so officials decided to triple that amount.

But the $1.65 million, which is far less than the over $13 million that was calculated as owed to the city (factoring in fees, late penalties, and interest), was not enough to keep the teenagers from protesting outside the the Garden on Thursday.

“Jeremy Jacobs you can’t hide, we’ve got justice on our side,” the teenagers, with signs in hand (one telling them to stop hiding), chanted outside the home of the B’s and Celtics. “Jeremy Jacobs where's the money, we don't think it's very funny."

The story notes that TD Garden, which has been home to completely sold out Bruins games since Dec. 2009 (well over 300 games ago) and a Celtics team that reportedly sold 99.6 percent of their tickets at home games last season, and DCR are formulating a plan to ensure that going forward the venue fulfills its statutory obligations.

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