Local Jewelry Co. Made The Miami Heat’s Rings
Jostens has once again designed the Miami Heat professional basketball team’s championship rings; the company presented the team with diamond- and black onyx-incrusted 14-karat gold rings on Tuesday.
The Minneapolis-based company—which manufactures class and professional sports rings, graduation apparel, yearbooks, and other memorabilia—has produced rings for all three of the Miami Heat’s NBA Championship victories (in 2006, 2012, and 2013).
The company also designed the Detroit Tigers’ 2012 American League Championship ring, the Baltimore Ravens’ Super Bowl 2000 and 2012 Championship rings, and the Chicago Blackhawks’ 2010 and 2013 Stanley Cup Championship rings.
Although a Jostens spokesperson declined to disclose the cost of the company’s championship rings, the 14-karat yellow-gold rings recently presented to the Miami Heat are described as each weighing 135 grams and include 242 round-cut diamonds, 1.5 carats of custom baguette-cut diamonds, and three black onyx stones totaling 10.3 carats. Additionally, 187 diamonds circle the top of the ring. The company designed and produced the rings at facilities in Minneapolis; Denton, Texas; and Montreal, Canada.
Jostens has reportedly produced championship rings for professional sports teams and athletes for more than 60 years. The company has designed rings for 30 Super Bowl champions, 18 NHL Stanley Cup champions, 18 NBA Championship winners, and 19 MLB World Series winners, including the Minnesota Twins.
The Jostens spokesperson declined to comment on the size of the company’s championship rings business but said that the company is “experiencing continuous annual growth of our championship business,” which includes the professional sports market as well as the college and high school markets.
Jostens’ best-selling items, according to the spokesperson, are its yearbooks and graduation products, including rings, caps and gowns, diplomas, and graduation announcements. The company sells “millions” of these products each year, the spokesperson said.
Jostens employs 2,564—770 of whom are based in Minneapolis, Eagan, and Owatonna. The company is a subsidiary of Visant Corporation, an Armonk, New York-based marketing and publishing services company that serves the education, fragrance and cosmetics, and educational and trade publishing industries. Visant reported $1.2 billion in revenue for the fiscal year that ended December 29—a 5.4 percent decrease from the prior year.