*Magic Johnson was the first to plunk down a whopping $100 deposit for Los Angeles Rams tickets on Monday.
— Los Angeles Rams (@RamsNFL) January 18, 2016
According to the team’s relocation agreement with the NFL, the team can’t begin selling tickets or suites to the new Inglewood stadium scheduled to open in 2019 until they know if they’ll share their new home with another team, reports ESPN. But days after being approved for the move from St. Louis, the Rams began taking $100 deposits for 2016 season tickets on Monday morning.
According to the team’s official Twitter account, Los Angeles Lakers legend and Los Angeles Dodgers owner Magic Johnson was the first to sign up for his seats at the Los Angeles Memorial Coliseum.
— Earvin Magic Johnson (@MagicJohnson) January 18, 2016
The Rams added that 5,000 deposits were paid for in the first five minutes after they went on sale at 1 p.m. ET and another 5,000 had been reserved in the first hour. The deposits are refundable and serve as a way to reserve a spot in a virtual line to buy season tickets when they officially go on sale, though it does not guarantee that everyone will be able to buy tickets. According to the team, each deposit allows the person reserving the spot to purchase up to eight season tickets based on availability when they become available in the spring. Those whose deposits were received first will get first crack at the tickets when they go on sale, and so on down the line.
Rams chief operating officer Kevin Demoff told reporters in Los Angeles on Friday that ticket prices for the Rams’ temporary home will be similar to what they paid in St. Louis in 2015.
Those season ticket prices started at around $300 and went up to $1,750 per seat last season. Of course, the prices in the Inglewood stadium are sure to be far more costly when it opens.