A riff on the phrase "The Emperor's New Clothes," it applies to athletes or sports teams who the collective media crowns champion because everyone is afraid to admit the obvious. The promised ring, much like the clothes, doesn't exist.
The media has insinuated LeBron James and the 2010-11 Miami Heat will win over 70 games and the title. While they may win a championship some day, right now I think this is a case of "the king's new ring."
by kris takahashi November 28, 2010