Sentence:  He was heralded as `` Sportsman of the Year '' by Sports Illustrated , and last night was acclaimed in Rochester as the `` Professional Athlete of the Year '' , a distinction that earned for him the $ 10000 <WSD>diamond</WSD> - studded Hickok Belt . 
Meaning of the word marked with <WSD> tags:  a transparent piece of diamond that has been cut and polished and is valued as a precious gem