NFL Championship Rings: Why are they valuable?
Every NFL pro plays to hold the Vince Lombardi Trophy on what’s one of the biggest nights in sports. Winning the Super Bowl requires hard work, dedication, and a complete team effort. Once a winner is declared, the winners of the championship game receive a Super Bowl ring. This ring is designed to act as an individual reward for both the players and management personnel. It’s a way to celebrate what the win means to the city and its fans.
Each set of rings tends to be unique; however, most are designed using diamonds and colors such as rose gold or yellow. The rings also include specific identifiers such as the team logo, team name, the Super Bowl number, and something similar to “World Champions.” Each team tends to further customize these rings, depending on their history. For example, an organization with previous wins may add the number of championships to the ring as a way to further personalize the achievement. The NFL tends to pay a small percentage of the total amount (i.e., $5,000 per ring) while the team’s owner covers the rest. A credentialed company named Jostens generally designs these rings.
NFL Championship Rings are Personalized for Every Player.
It’s important to note; the NFL tends to reward other teams for their achievements as well. This can include both the AFC and NFC champions for the year. These champions receive a different set of rings listing that specific achievement for the year. Along with the rings, these champions also receive additional postseason pay as long as they played in at least 3+ games. This money is then spread throughout the team.
Due to how personalized and rare these rings are, they turn out to be well-acclaimed collectibles. Each player only receives one Super Bowl ring for the year, which means each one is worth a lot as time goes by. An example of this was seen when Dave Meggett decided to put up his Super Bowl ring for sale online. Je-Rod Cherry felt the ring was better suited for a charitable donation and asked for donations before giving it away to the highest bidder. The money was then sent to children in Asia and Africa. Another pair of rings (1970 Steelers) was sold online for approximately $69,000 each.
Over the years, there have been several examples of stars selling their rings. This includes Steve Right of the Green Bay Packers, who had his ring auctioned in 2011 for a price of $73,000. Others have received higher amounts, such as Lawrence Taylor’s son, who sold his father’s ring for around $250,000.
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While most of these auctions were straightforward, there have been examples where the Super Bowl rings gained negative publicity. This happened when New England Patriot owner felt it was okay to give the Super Bowl ring to Vladimir Putin (Russian President). It is still in Putin’s possession to this day and was listed as being a gift from Kraft as a sign of respect.
If you are interested in getting your hands on a memorable championship ring, just give us a call or browse our variety of sports rings online.
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