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Bill Hancock: Trophy is 'priceless'

Updated: July 14, 2014, 3:43 PM ET
ESPN.com news services

IRVING, Texas -- A rising, gold, football-shaped trophy will be the prize for the national champion in the new College Football Playoff.

College Football Playoff executive director Bill Hancock unveiled the more-than-2-foot-tall national championship trophy on Monday, saying it "will become an icon of our game."

Made from 24-karat gold, bronze and stainless steel, the bottom of the trophy is shaped like a football and rises to form an actual-sized ball at the top.

Hancock ...

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