The National Basketball Association “NBA” unveils the newly formatted of awards started 2021-2022 season, as usual the Larry O’Brien trophy was awarded annually to the NBA champions since 1984. Bill Russell Finals MVP Trophy also has a new design started this season.

The new trophies this year are Eastern Conference MVP was named after Larry Bird, Eastern Conference Champion named after Bob Cousy. Also Western Conference MVP was named after Magic Johnson and Western Conference Champion was named after Oscar Robertson.
You can see the images below for the new trophies:
Eastern Conference Champion

Western Conference Champion

Eastern Conference Finals MVP

Western Conference Finals MVP

source: nba