We do a team banquet each year too.
The last few years we have done a Pot Luck at a hotel in town that has a big room that we can use. The Head coach gives a little speech. Last year the one graduating senior gave a really heartfelt speech that had every mother in tears. She had a knee injury that prevented her from competing optionals. But still kept coming back and she talked about how it was all for the love of the sport.
The kids each get called up and given a trophy. One year everyone got a specific award, IE - Most enthusiastic, Most improved, Best Smile, etc. but that got difficult as the team got bigger. Now everyone gets a trophy. Then the gym hands out Best event trophies. The Trophies go to Best Vault, Beam, Floor and Bars for compulsary and then the same for options. (DD one Best Beam for 2 years in a row...). Finally they give an award for Gymnast of the year. The Gymnast of the year is awarded to the girls who has the best scores consistently then who shows great determination.
After the awards are handed out, the girls get to go swimming in the pool at the hotel. The coaches typically get a gift too from the kids.
It is fun to see all the girls with their hair down, and in pretty dresses. I dont recognize half of them! LOL