A team support display assembly includes a panel that has a front side, a back side and a perimeter edge. A plurality of perimeter wall sections is attached to the perimeter edge and extends rearward of the panel. The perimeter wall sections are spaced from each other such that a plurality of gaps is defined between the perimeter wall sections. At least two of the perimeter wall sections have one of a plurality of couplers mounted thereon. Each of the couplers releasably engages a key ring such that the panel is mounted on the key ring. The gaps expose portions of the key ring. A band is extended around and releasably attached to the key ring. The band is positioned in one of the gaps and a clip is attached to the band.