Is this pennant baseball related?
 

Got a batch of mini pennants at an auction today...this was in there, just wondering if it's baseball related. Also the bottom pic is the other pennants, they are all the same size as the BF2 Ferguson Bakery pennants, but I can't find anything in google about them.

Sorry, I don't know much at all about those BF2 pennants or mini pennants in general. Good luck.

I'm just guessing, with no real basis for my conclusion, but something tells me it is related to the Red Sox.

How big is it? If its around 7 inches its most likely an university pennant