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major league rules
Rule 36 – Pennant and Memento
– The World Series winner shall be presented with a pennant, and each player, the manager, the general manage, and each coach from that team shall be awarded a memento. The pennant and the memento shall be selected by the Commissioner, the cost of which shall not exceed $1,500 each.
– the pennant and the memento shall be presented at a ceremony supervised by the Commissioner.
– League Champs are entitled to display a pennant symbolizing the club’s league championship.
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