That Yankees one is stupid, but the real bullshit is these made-up titles that definitely never appeared on screen.
Shawn Michaels Legacy Belt
Rey Mysterio 20th Anniversary Belt
John Cena Legacy Belt
Ultimate Warrior Signature Series Belt
Randy Orton Signature Series Belt
Kane, Bella Twins, Kurt Angle, Macho Man, Triple H, Brothers of Destruction, and so on, they all have these specialized belts.
Buying one of those belts is a special kind of stupid. You're buying something that never existed. All of these belts are fake, but those belts are extra fake.