By Eric L. Wesson Sr.
CALL Staff Writer
On Sunday, Feb. 4, millions of Americans will be tuned in watching Super Bowl LII (52) which will feature the defending champion New England Patriots versus the Philadelphia Eagles.
The Super Bowl is the highest grossing sports event brand in the world. This year’s Super Bowl is expected to generate $640 million. The previous record for revenue from a one-day sporting event was the Floyd Mayweather-Manny Pacquiao fight last year, which generated $600 million in revenue.
Players on the winning side will make about $107,000 each whether they step on the field or not. The losers will receive about $53,000 each. The players on the winning team can earn about $165,000 through the entire playoffs.
Last year’s Super Bowl ring cost $5.5 million or an estimated $36,500 each, making the New England Patriots rings the most expensive Jostens had ever made for an NFL team. The ring contains 283 diamonds to symbolize their 28-3 comeback in their victory over the Atlanta Falcons.
The NFL awards the team $5,000 each for up to 150 rings for coaches, players, trainers, executives, personnel, and general staff. Office staff and wives may get replica rings and pendants.
Since only one Vince Lombardi Trophy is awarded to the team’s ownership, the Super Bowl ring is a collectable memento for the actual players and team members to keep for themselves to symbolise their victory.
When the Green Bay Packers purchased their first Super Bowl rings in 1967, each ring cost under $5,000 each, gold was $34 ounce back then and their ring contained one diamond.
The 2005 New England Patriots rings cost $15,000 each when the price of gold was $1,900 per ounce and contained 124 diamonds surpassing the Green Bay Packers’ Super Bowl ring which contained 100 diamonds.
How Did The Super Bowl Get Its Name?
Chiefs’ owner Lamar Hunt coined the phase after a very popular toy called the “Super Ball” after watching his children play with the Wham-o ball that many of us remember from childhood.
One popular story about Hunt’s role in naming the game took root from the fact that the “Super Bowl” did not formally become the “Super Bowl” until after it had been played three times.
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