<P> The current trophy of the NFL is the Vince Lombardi Trophy . The Super Bowl trophy was officially renamed in 1970 after Vince Lombardi, who as head coach led the Green Bay Packers to victories in the first two Super Bowls . Unlike the previous trophies, a new Vince Lombardi Trophy is issued to each year's champion, who maintains permanent control of it . Lombardi Trophies are made by Tiffany & Co. out of sterling silver and are worth anywhere from US $25,000 to US $300,000 . Additionally, each player on the winning team as well as coaches and personnel are awarded Super Bowl rings to commemorate their victory . The winning team chooses the company that makes the rings; each ring design varies, with the NFL mandating certain ring specifications (which have a degree of room for deviation), in addition to requiring the Super Bowl logo be on at least one side of the ring . The losing team are also awarded rings, which must be no more than half as valuable as the winners' rings, but those are almost never worn . </P> <P> The conference champions receive trophies for their achievement . The champions of the NFC receive the George Halas Trophy, named after Chicago Bears founder George Halas, who is also considered as one of the co-founders of the NFL . The AFC champions receive the Lamar Hunt Trophy, named after Lamar Hunt, the founder of the Kansas City Chiefs and the principal founder of the American Football League . Players on the winning team also receive a conference championship ring . </P> <P> The NFL recognizes a number of awards for its players and coaches at its annual NFL Honors presentation . The most prestigious award is the AP Most Valuable Player (MVP) award . Other major awards include the AP Offensive Player of the Year, AP Defensive Player of the Year, AP Comeback Player of the Year, and the AP Offensive and Defensive Rookie of the Year awards . Another prestigious award is the Walter Payton Man of the Year Award, which recognizes a player's off - field work in addition to his on - field performance . The NFL Coach of the Year award is the highest coaching award . The NFL also gives out weekly awards such as the FedEx Air & Ground NFL Players of the Week and the Pepsi MAX NFL Rookie of the Week awards . </P> <P> In the United States, the National Football League has television contracts with four networks: CBS, ESPN, Fox, and NBC . Collectively, these contracts cover every regular season and postseason game . In general, CBS televises afternoon games in which the away team is an AFC team, and Fox carries afternoon games in which the away team belongs to the NFC . These afternoon games are not carried on all affiliates, as multiple games are being played at once; each network affiliate is assigned one game per time slot, according to a complicated set of rules . Since 2011, the league has reserved the right to give Sunday games that, under the contract, would normally air on one network to the other network (known as "flexible scheduling"). The only way to legally watch a regionally televised game not being carried on the local network affiliates is to purchase NFL Sunday Ticket, the league's out - of - market sports package, which is only available to subscribers to the DirecTV satellite service . The league also provides RedZone, an omnibus telecast that cuts to the most relevant plays in each game, live as they happen . </P>

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