Mayweather/Pacquiao Fight New WBC Belt Unveiled $1 MILLION SWAG!

Floyd and Manny are fighting for more green than they thought on May 2nd ... 'cause TMZ Sports has the first look at the WBC belt the two men will be vying for ... and it's as emerald as Oz.

The World Boxing Council didn't just want any old championship belt to be handed out to the winner of this historic bout ... so they decided to commission a special prize for the victor.

Two belts were made ... an "onyx" version and an "emerald" version -- and a fan vote on the WBC website last week determined which belt will be delivered to the winner.

It was a tight contest but emerald took it with 53% of the vote ... although both belts are said to be worth nearly $1 MILLION ... so there was no real loser.

Except of course the guy that gets his face knocked off on the 2nd.

Actually he kinda wins too ($100 million bucks).

Soccer Star Sydney Leroux My Hubby's Wedding Band Is Worth $20K ... And I Designed It

Soccer star Sydney Leroux made a case for wife of the year before she was even married ... designing a $20k wedding band for her hubby (lucky bastard) ... and TMZ Sports has photos of the bling.

Sydney tied the knot with men's footie stud Dom Dwyer earlier this year and started forever off right by spending $20k with L.A. jeweler to the stars Big O to create a platinum and diamond monster.

The ring is14mm wide and features 97 baguillion and round brilliant diamonds that are actually cut to mimic the octagons on the side of a soccer ball.

Big O tells us that Sydney was very involved in the design -- and made it clear from the start she wanted more than the traditional men's wedding band.

No word on what Dom is getting Sydney for her birthday this year but we know this...

It better be good.

Steve Francis Chain Recovery Engineered By Rap God

Steve Francis doesn't just have the Sauce Twinz to thank for the return of his chain -- it was ultimately engineered by J. Prince ... one of the most powerful men in hip hop, TMZ Sports has learned.

We broke the story ... the NBA legend was chain snatched by some dumbass at a Sauce Twinz concert in Houston last weekend.

Now, we've learned ... Francis has some powerful friends in Houston -- including Prince, who not only runs Rap-A-Lot Records, but is known in the rap community as a guy you just don't mess with.

Also, the Sauce Twinz are managed by YEMG ... the management group owned by Prince's son, Jas.

Sources connected to Prince tell us once he learned the chain went missing ... he put out word, "The chain must be returned."

That's when the Twinz and their pals went into "super recovery mode" to track down the culprit.

And surprise surprise, the chain turned up a short time later ... and will be reunited with Francis.

BTW -- you may remember J. Prince as the guy who issued a "courtesy call" to all of Drake's enemies including Diddy and Suge Knight ... warning them to back off Drizzy, another Prince associate.

Bottom line -- it's good to know J. Prince.

NBA Star Eric Bledsoe Drops $2,500 On Gold, Diamond Grillz

NBA superstar Eric Bledsoe gave himself a "Treat Yo'self" moment after signing his $70 million contract with the PHX Suns ... dropping thousands of dollars on gold and diamond grillz!

TMZ Sports has learned the 25-year-old point guard recently hit up Thizzelles Grillz -- a high-end grill maker in NYC -- and dropped $5,000 on two sick pieces ... one for himself, one for his brother.

The grillz -- which cover six bottom teeth -- are made of 18 karat gold ... and are encrusted with 6 high-quality diamonds.

The process is complicated ... take an impression, make a wax mold, fill it with gold or platinum, drill holes, screw in diamonds. Grill done.

Bledsoe isn't the only baller joining the grill movement ... Thizzelles owner Scott Spira says he's hooked up several athletes including Broncos cornerback Omar Bolden and Browns guard Shawn Lauvao.

And these things ain't cheap ... "Depending on the metal and diamonds the grillz can run up to 100K."

Say chee$e.

NFL Stars DROPPING MAJOR $$$$ On Diamond & Gold Mouthpieces

Talk about putting your money where your mouth is ... pro athletes are now spending THOUSANDS of dollars to pimp out their mouthpieces with diamonds and gold ... TMZ Sports has learned.

In fact, NBA star Nate Robinson is part of the "pimp your mouthpiece" movement -- and recently picked up a $5,300 customized mouthguard that's chock-full of real gold foil.

The man behind the piece is Dr. Michael Wright of "The WrightGuard" ... who tells us high-end custom protection is becoming a major trend with athletes in a variety of sports ... from hoops to football and boxing.

In fact, Wright says he was recently approached by a NFL star who's playing in the Super Bowl (Wright says he can't reveal the player's ID) ... who requested a mouthpiece with some massive diamonds flanking the front.

"The Super Bowl athlete brought his own diamonds," Wright says ... "I don't know how many carats, but they were huge."

Wright says his mouthpieces are just as functional as they are flossy -- and says he has a special 3-layer process to make sure the gold, silver and/or diamonds are sealed in a way that it won't harm the user.

Wright says he's gotten some crazy requests from some of his athletes -- some people want team logos others want their Twitter handles -- and says team reps sometimes oversee the process to make sure the mouthpiece complies with uniform standards.

With so much customization at the pro level (mouthguards, cleats, etc) ... keep an eye out for the platinum diamond-encrusted jockstrap in the future.

#OnlyAMatterOfTime

Sofia Vergara Engaged to H'wood Hunk But Don't Tell Her Finger!

"Modern Family" star Sofia Vergara is engaged to marry one of the hottest guys in town ... so why is she hiding her massive engagement ring?

"True Blood" star Joe Manganiello popped the question over the holiday weekend after just six months of dating (and Sofia only broke up with her other fiancé less than two months before that).

Vergara was spotted at the airport with her ring turned around so nobody could see it.

The ring is rumored to be at least 10 carats ... who's gonna miss it?

NBA's Reggie Evans Most Adorable Bling Ever

He might be one of the toughest guys in the NBA, but Sacramento Kings player Reggie Evans has a soft spot for his kids ... as evidenced by the adorable chain he rocked around NYC yesterday.

Evans -- who was in town to play the Brooklyn Nets -- headed over to the Barclays Center with several diamond-encrusted pictures of his 4 kids.

C'mon ... that's cute and you know it.

Evans was also rocking out a pair of fancy Louboutin boat shoes ... $1,200 a pair.

But the necklace -- that's priceless.

Drake Sued Over $50,000 Hooter

Drake's expensive jewelry collection is coming back to bite him in the ass -- a famous jeweler is suing him over a $50,000 owl pendant ... claiming Drake illegally made knockoffs of it for his friends.

The jeweler Baden Baden Inc. (owned by designer Michael Raphael) filed the lawsuit, claiming Drizzy hired the company to make a custom diamond-studded platinum owl pendant back in January ... and paid $49,204.

Then in June ... BB claims gold duplicates of the pendant started surfacing on Drake's Instagram.

According to the lawsuit, BB claims Drake took its original design, copied it, and handed out the knockoffs to his pals.

Baden Baden is suing for copyright infringement, demanding unspecified damages, and asking the court to force Drake to hand over the owl copies.

One potential sticking point -- Drake's been using the owl logo for years ... it's the freakin' cover of his 2011 mixtape.

As we previously reported, Raphael is also suing Drake for unpaid styling services.

Tyga SUCK ON THESE JEWELS Rapper Fires Back In Bling Lawsuit

In a move that says, "F You, I'm too rich to steal your crappy diamonds" ... rapper Tyga has posted a photo of the contents of his jewelry box hoping to publicly shame the guy accusing him of thievery ... and at the very least, it's damn impressive.

We broke the story ... Tyga is being sued by Jason of Beverly Hills -- a famous jeweler who claims Tyga never paid for $91k in diamond and gold jewelry back in 2012 (a pantheon timepiece and a chain).

But hours after we published the story ... Tyga went to Twitter and posted a photo of his finest 27 gold pieces ... with a message that reads, "Shout out to my Jeweler @emitthejeweler !!!!! I don't f*k with #bitchn**gas @jasonofbh."

Translation -- I'm too rich to steal your crappy diamonds and I've got a better jeweler than you anyway.

As for the jewelery at the center of the lawsuit ... those 2 pieces were not on display in Tyga's Instagram pic.

Paulina Gretzky Engaged ... Men Everywhere Depressed

As if the world wasn't bad enough ... smokin' hot Paulina Gretzky has dashed the hopes and dreams of men worldwide ... by getting ENGAGED to pro-golfer Dustin Johnson.

Paulina announced the terrible news on Instagram Saturday -- posting a pic of the giant diamond rock on her ring finger, captioned "Never been happier."

The couple has only been dating since early 2013 -- but, really, who wouldn't lock that down?

Now, a final farewell, to Paulina's almost-hitched assets ...