We keep them in the main admin lobby in a really swank awards case, along with some other memorabilia like the old soap-box derby car and the team posters.
I think its a more prestigious position than in the gym lobby. It also doesn't make the athletics department look as bad
We also started "loaning" some of our awards to Carlmont, I'm not sure where they display them.
What about other joint-school teams? How do you distribute awards?