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Jostens Inc. is an American manufacturer of memorabilia. The company is primarily known for its production of yearbooks, [2] [3] academic regalia, and class rings [4] for various high schools and colleges as well as championship rings for sports. [5] For over 50 years, Jostens has been the supplier of the Super Bowl championship rings. [6]
Championship ring policies differ between the four major professional leagues. NHL and MLB owners pay for the cost of the rings. The NFL pays up to $5,000 per ring for up to 150 rings for teams that win the Super Bowl. Teams can distribute any number of rings but must pay for any additional costs, and may offer lesser rings at their discretion.
Thomas Wyman purchased Balfour in 1983 and opened a new ring plant shortly thereafter. In 1998, Balfour secured a three-year, $20 million corporate recognition program contract with AT&T . Following the awarding of the large AT&T contract, Town & Country Corporation purchased Balfour in November 1988.
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The term replacement cost or replacement value refers to the amount that an entity would have to pay to replace an asset at the present time, according to its current worth. [1] In the insurance industry, "replacement cost" or "replacement cost value" is one of several methods of determining the value of an insured item. Replacement cost is the ...
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The rings cost $20,000 apiece due to the quantity of the purchase, though they retailed at $40,000 each. [7] [9] [10] After breaking their long championship drought in 2016, the Chicago Cubs commissioned rings said to be worth up to $70,000, consisting of 214 diamonds at 5 + 1 ⁄ 2 carats, three carats of rubies, and 2 + 1 ⁄ 2 carats of ...