The Cost of Super Bowl Rings
A Look at How Much Teams Spend on Their Championship Jewelry
By [Author's Name]
The Super Bowl is the biggest game in American football, and the winning team is rewarded with a championship ring that is a symbol of their victory. These rings are often very expensive, with some costing millions of dollars. So how much do teams spend on their Super Bowl rings?
According to the NFL, teams are provided with 5,000 to 7,000 per ring to produce 150 rings. The franchise owner then decides who receives a ring. While there is no hard-and-fast number on how much a Super Bowl ring is worth, it can vary depending on the number of diamonds and other precious stones used. In 2015, the New England Patriots gave players a ring with 205 diamonds, which cost $5.475 million.
The cost of Super Bowl rings has been rising in recent years. In 2010, the average cost of a Super Bowl ring was $30,000. By 2015, the average cost had risen to $50,000. This increase in cost is due in part to the rising price of gold and other precious metals.
Despite the high cost, Super Bowl rings are a valuable investment for teams. They are a symbol of their victory and a reminder of their accomplishments. They are also a valuable asset, as they can be sold for a profit in the future.
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