If your question is, "can it be done with Vegas?" the answer is probably no. I think you need specialized graphics packages that provide all the 3D effects, not just for the text itself, but for the various graphic frames, borders, dingbats, etc. that are part of the overall effect. In addition, if you are watching the NFL on FOX TV, you need to have a huge library of sound effects to get those annoying "whoosh" sounds that accompany every graphic. (I still remember an offhand David Letterman joke made about four years ago: "Is there any graphic on FOX TV that doesn't make a sound?").
Titling is one of the few weak points of Vegas, especially compared with Title Dekko that comes with many of the Pinnacle offerings.