The importance of a tournament is inversely proportional to the size of the trophy. The latest example of this is the simple, classy and classic Claret Jug that goes to the winner of The Open Championship versus the ginormous, unliftable, clumsy Wannamaker Trophy that will be awarded this afternoon.
It’s not surprising that tournament officials might seek to compensate for the lack of relevance of their event by having a huge trophy in the same way certain people felt the need to buy Trans Ams and such back in the day. “Our event must be important, just look at the size of our trophy!”
Exception: The Stanley Cup