The way I see it, the Pennant and the World Series champions are awards for two different things. The Pennant is the award for sustained excellence over the regular season by winning the most games, or at least it was from 1876 to 1968. I think it should be restored as the award. Remember, the Pennant was once highly-regarded on its own as a high achievement, such as in 1954 when New York City gave the New York Giants a ticker tape parade for winning the Pennant. The World Series Championship on the other hand is an award for winning a post-season tournament among the best teams in baseball in that regular season. That tournament has grown from 2 to 4 to 8 to 10 to 12 contestants but it has always been true that the team with the best regular season record frequently does not win the World Series Championship. If that doesn't make it clear, consider this parallel: European Football. In domestic leagues, the championship titles are given to the team that wins the most games in the Premier League, La Liga, Bundesliga, et al. That's the Pennant. But the best teams in Europe also compete in the Champions League. That's the MLB Postseason (and sometimes the Champions League winner doesn't even win their domestic league, such as Chelsea in 2021). Winning a domestic league and winning a Champions League are both highly-desired and celebrated awards. That's what I want for the Pennant and the World Series Championship.