Mark: great Ebbets pennant, I saw it on eBay. Surely one that isn't one of their typical uglies. That's the only AdFlag I've seen depicting a ballpark. They must have been making them for a long time, they have made A's and Browns, and have soft felt. And a few of them like your Pirates are in color. But they kept the same designs for many years, I have that same Pirates in gold and it is stiff like a 70s pennant. The Phillies Quaker pennant also comes in light blue stuff felt.
Here's another AdFlag Brooklyn version.
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