Now that is a serious piece of jewelry. It looks like a portable turntable for your finger, only covered in diamonds. And when I say “covered,” I mean it.

According to ESPN’s Dave McMenamin, there are more than three karats worth of diamonds on that bad boy, including the 16 bigger ones that go around the outside of the ring and represent the Lakers’ 16 titles. I’m not sure, but I’d imagine the remaining gazillion smaller rocks refer to the Lakers just being really good at basketball. Nothing specifically, just a reminder that this is one of the premier franchises in NBA history. No bigs, just shine.

Though you might think three karats of diamonds on a broccoli floret-sized ring would be enough to satisfy the rich tastes of the Lakers, you’d be wrong. That little brown spot you see on the left is a piece of leather from the game ball used in last year’s Game 7 win over the Celtics. Kind of like how I had my signature put on the inside of my high school class ring that I never wore, only way cooler. Plus, each ring has a 3-D model of its owner’s face, or possibly they all got Kobe’s face which would be really funny.

No indication yet how much the rings cost, but I would estimate the price at “a lot.” Maybe even “crazy a lot.” However, if you’re lucky enough, you can get your hands on Ron Artest’s, which would in turn give you a tiny 3-D sculpture of Ron-Ron’s face. That’d pretty much be the best Christmas gift imaginable.