Each player will receive $828 worth of rings, said Ohio State spokesman Dan Wallenberg, which is less than the maximum the school was permitted to spend.
Ohio State spent $204 on each Big Ten title ring, well off the allowance of $325 per player. The school spent $209 to have each Sugar Bowl ring made, $166 less than the $375 per ring limit. The College Football Playoff pays for the national title rings, which cost $415 each.
The title ring was made by Jostens and has more than 50 cubic zirconias on the top of the ring surrounding the College Football Playoff logo football and the words "National Champions."
The sides of the ring have the player's name and the Ohio State logo with the 42-20 score of the title game.
Did Ohio State Cheap Out On Championship Rings?
ESPN sports business reporter Darren Rovell discusses Ohio State's decision to spend less than the maximum allowed on rings for its players.