As the NBA Finals are here, know how much is the trophy worth and its price in 2024
The NBA 2023–24 season is almost done with just seven games left to be played. The franchise which will win the first four games will be crowned the NBA 2024 Champion.
With the conclusion of the Eastern and Western Conference finals, the stage is all set for the championship now and the biggest honour in the sport is up for grabs now.
Talking about the teams qualified, the Boston Celtics, who lost to the Golden State Warriors in 2022, are hoping to make a big impression when they return to the Finals with their first game tomorrow.
NBA finals 2024 winners trophy name, price/cost, height, weight and where to buy replica
They will now play the Dallas Mavericks, who made it to the big event thanks to a fantastic postseason performance led by Kyrie Irving and Luka Doncic.
The two sides will fight for the prestigious Larry O’Brien trophy, the award which is given to the winners of the 7-Game finals, by the National Basketball Association (NBA).
The current design was first awarded in 1977 and was later renamed in honor of former NBA commissioner Larry O’Brien, who held the position from 1975 to 1984.
O’Brien was US Postmaster General under President Lyndon B. Johnson from 1965 to 1968 before joining the league. A small financial bonus is also awarded to players who win a title.
How much is the cost of the NBA Finals trophy?
The NBA Finals championship trophy, which has been made by Tiffany & Co. for the last 4 decades now, is thought to be worth $13,500, according to USA Today. Meanwhile, Tiffany & Co. refused to tell CNBC Make It how much the trophy was worth.
Tiffany & Co. has handcrafted the sterling silver award since 1997 and it stands 25 inches tall, weighs approximately 26 pounds and takes a total of four months to craft.
The Larry O’Brien Championship Trophy is the championship trophy awarded by the National Basketball Association (NBA) to the winner. The replica of the trophy can be bought here.
Although the winning team’s players receive a substantial bonus from the Player Playoff Pool, the NBA does not pay out money for winning rings.
The Player Playoff Pool is a fund that receives contributions from the selling of playoff tickets. Each team that advances in the playoffs receives a piece of the pot; however, a team advances further in the tournament the more money they win.
According to Marca, the prize money from the prior year skyrocketed to over $27 million.