Among the university pennants shown are Northwestern, UCLA (University of California at Los Angles), USC (University of Southern California), ND (Notre Dame), Cal (University of California), Michigan (University of Michigan), SMU (Southern Methodist University), Y (Yale), and Podunk.
The competition is a play on the Olympic Games, held in London in 1948 and scheduled for Helsinki in 1952. This short features an all-sport decathlon rather than the more traditional track and field event.
Yank-em stadium is a pun on Yankee Stadium.