Vintage 1994-95 Inaugural Season Denver Grizzlies IHL Pennant/Felt. Please refer to pics for best overall condition of pennant. Comes with the sturdy , protective sleeve you see in the photos. Graphics are impeccable...no rips or tears or holes other than the pin holes in the corners. All sharp tips. One small stain on the R in  "Grizzlies". Wear due to age...minimal fading in white outline. Great addition to any collection...ready to display. Grizzlies won the championship, losing only 2 games in a 15 game span during that run. The Av's moved into town the following year so the Grizzlies moved to Utah where they finished out in the now Defunct IHL. Merchandise for this team is scarce. Downsizing, so any reasonable offer will be considered. Only have one, so what you see is what you will receive. Once you purchase your pennant it will be packaged in cardboard and shipped with the upmost care. Thank you for your intrest.