A championship ring or premiership ring is a ring presented to members of winning teams in North American professional sports leagues, and college tournaments. Such as NBA, NFL, MLB, and others. The most popular championship rings are NBA and NFL. the losing team in the World Series does not receive a championship ring. Only the players, coaches, and staff of the winning team are awarded rings to commemorate their victory. The rings are commissioned by the winning team, not the league and later distributed to players and staff. Championship rings are mostly confined to North American sports. Since only one championship trophy is awarded by the league to the winning team, championship rings are distributed as a memento for the players and team officials to keep for themselves to symbolize their victory.
According to several reports, a World Series champion ring is worth around 20K dollars. The cost of the rings varies depending on the team that designs them. The 2003 Florida Marlins rings, for instance, are among the most expensive in the league’s history. They were made of 14-carat white gold. NBA rings are expensive one because of Great stuff, and a lot of diamonds. That’s why some sources estimate a single one of these rings can cost anywhere from $30,000 to $150,000. there are players whose rings are more expensive because of who they are. For example Lebron James ring worth at least 10 million dollars. Kobe Bryant’s 2000 NBA championship ring has now set multiple records. The ring is now the most expensive NBA title ring sold at auction, going for over 900000 dollars during the March Elite Auction held by Goldin Auctions. The most expensive Super Bowl ring sold at auction was Lawrence Taylor’s 1990 ring from his championship with the New York Giants, going for $230,401 in 2012. In 2013, Kobe Bryant parents, Joe and Pam Bryant sold the ring for $173,000, a decision which hurt Kobe at the time. Kobe ended up taking his parents to court over them selling his ring and basketball memorabilia. The lawsuit reached a settlement, and Kobe’s parents were allowed to sell the ring and other items. Championship rings are usually very popular for collectors, therefore if the ring goes to auction there is no way to not sell with highest bet. My suggestion to all of you. If you ever see major league championship ring for sell, don’t lose that chance and buy it without thinking second time, just buy it. Because day by day the price goes up. It is very important to make sure that you buy the original one, since there are way too many fake ones. Therefore make sure who sells the ring. Take it to specialist and make sure you appraise the ring before you buy. Some of the rings have certificate, make sure you ask seller if certificate is available. If you have teenager child, friend and/or family member who loves sport, championship ring is a good idea as a gift. Usually none popular players championship rings you might get for 5000 dollars to 7000 dollars. In all championship rings the most expensive one is super bowl 1990 New York Giants.
The four best known championship rings are the ones from the Big Four major professional sports leagues in North America. The Major League Baseball’s World Series ring. the National Basketball Association’s championship ring. National Football League Super Bowl ring, and the National Hockey League’s Stanley Cup ring. In North American sports, besides rings to commemorate winning the league championship game and series, rings are often presented to the championship game and series finalists known as losers’ rings, which are never worn. and conference championship game and series winners. There are also individual rings given to All-Star Game participants and inductees into a hall of fame. It’s not just players and coaches! Team owners have latitude to offer a Super Bowl ring to anyone they want to and that often includes cheerleaders and even janitors. Yes janitors. Can you believe that? If you planning to buy the ring for yourself and you want to wear it sometimes, make sure it fit on your any fingers. The most of the time, championship rings come from size 11 to 13. just a hint, size 11 is for big hands. Do your math why championship rings are for big hands. The largest ring produced is size 17 for Shaquille O’Neal. And again make sure you buy the original one, otherwise it worth nothing.
Each league pays different way for rings. For example The NBA covers the costs of making the rings but In the NHL and MLB, the franchises must foot the bill, while the NFL where teams’ huge squads translate into a huge number of rings contributes up to $5,000 per person. The NFL contributes from $5,000 to $7,000 per ring for up to 150 rings per team, with any additional costs being borne by the team. The final cost usually comes in at between $30k and $50k per ring. Several high profile players have sold their rings, either through necessity or for charity.