Item is missing on the STEAM marketplace.
Team Pennant: MVP Phoenix
Common Fan Item
Show your support for a team by buying this Team Pennant! Equip it in the 'fan slot' of your Player Loadout to show other spectators who you're rooting for. Upgrade it to show you mean business! In addition, equipping a pennant makes you eligible for item drops while you spectate your team's matches live during Valve supported tournaments. Pennants can be combined with other pennants to upgrade your Team Pennant fan level. The level of your Team Pennant will increase the total fan value of the team when you are spectating a Tournament match.
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