It's related to the player wearing it, its owner, or the history of that ring. The overall number is quite high. The NBA championship ring's average cost is between $15,000-$20,000,000. The most expensive ring in the NBA championship is more than two-million dollars.
Are NBA championship rings real diamonds?
The ring, which weighs approximately 40 pennyweights of 14 karat yellow gold, contains approximately 2.05 ct. of diamonds. The top is paveed in brilliant cut diamonds with the Lakers logo on the top. On one side, the player's name and number are cut out along with the NBA logo and regular season/playoff record.
Do players have to buy championship rings?
Championship rings are distributed by and paid for by the winning team (although some leagues may partially subsidize the cost), in contrast to medals which are awarded by the league or competition governing body.
How much did the Lakers ring cost to make?
The most recent NBA champions, the Lakers, made a ring that remembered legends of the franchise, especially the late Kobe Bryant. Designed by the famous jeweller Jason Arasheben, it was the costliest in the history of the NBA - outstripping the Raptors' $150,000 - and included 804 gems on each piece.Jul 6, 2021
Can you buy a NBA championship ring?
Commemorative 2021 NBA Championship Bucks rings and jewelry will be available for fans to purchase at shop.bucks.com.