Pennant
/ˈpɛnənt/
"Pennant" in a Sentence (4 examples)
The Yankees are running away with the pennant race.
The players were terribly excited over winning the pennant.
When his favorite team had a victory, he waved his pennant while jumping up and down and yelped like a badger.
The New York Yankees have won the American League pennant far more often than any other team.