Major professional sports leagues in the United States and Canada to compete, with the provision that the Stanley Cup winners were to be recognized as "World's Champions". The phrase was repeatedly engraved on the Cup, and continued to be used, when the NHL began admitting American franchises. When the NHL assumed formal control of the Cup in 1947, the resulting agreement required "that the winners of this trophy shall be the acknowledged World's Professional Hockey Champions" (in contrast to the IIHF's Ice Hockey World Championships, at the time contested only by amateurs). When the World Hockey Association commenced play in the 1970s, they sought to challenge for the Stanley Cup,
Triple Crown Trophy of races, the trophy is on public display at the Kentucky Derby Museum in Louisville, Kentucky. In addition to the Triple Crown Trophy, winners of the Kentucky Derby are given the Kentucky Derby Trophy, a solid gold trophy worth in excess of $90,000; winners of the Preakness Stakes are presented the Woodlawn Vase in a national TV ceremony and given a solid silver replica worth in excess of $30,000 for permanent possession; winners of the Belmont Stakes are presented the August Belmont Trophy and given a silver tray for their permanent possession. Only five colts have been awarded all four