The Denver Nuggets just received their 2023 NBA Championship rings in their opener against the Los Angeles Lakers. The rings were designed by Jason Arsheben, CEO of Jason of Beverly Hills, a Los Angeles-based jewelry company.

Arsheben is known for designing championship rings and was tasked with reflecting the Nuggets' victory with this innovative piece.

The NBA championship ring has two new features:

The lever shifts the design from 1967 to 2023 and the background changes from white diamonds to blue sapphires.
The retractable compartment reveals the 2023 championship banner.
"This one is definitely one of my favorites, if not my favorite. We were the first to come up with the concept of twisting the top, whether it was the inner bowl or retiring the jersey (Lakers) '2020 championship ring)," Arasheben told ESPN. "But (the Nuggets' ring feature) has never been on jewelry or a championship ring before."

Nikola Jokic Takes Advice on Where to Put His NBA Championship Ring

The Denver Nuggets just received their NBA championship ring as they begin their title run against the 2023 NBA Western Conference Finals opponent, the Los Angeles Lakers, on Tuesday night.

After Nikola Jokic received his first NBA championship ring, a reporter floated the idea that he might want to tie the jewelry to a basketball shoe.

"I like your idea, my friend, but it's a little too big," Jokic said.

Jokic is in his ninth year in the NBA this season. Last season, he averaged 24.5 points, 11.8 rebounds, 9.8 assists and 1.3 steals in 69 regular-season games. During the playoffs, the 27-year-old center upped his numbers to 30.0 points, 13.5 rebounds, 9.5 assists, 1.1 rebounds and 1.0 steals per game in 20 games.