Hi Alan, I recall seeing a few of these come up for auction about 2 years ago. As other posters have pointed out, it comes from a board game. In fact, these items would have been affixed to a wooden stand so I think what you have is the "raw material." I recently found the link somewhere....I'll find it.
So here's the picture. Looks to be similar style although different teams. Someone on here should now be able to identify the actual McLoughlin board game.
Source =
http://www.sportsantiques.com/2007NA...inStandups.jpg