Tease players, offering achievement award (7)

I believe the answer is:

ribband

'achievement award' is the definition.

'tease players' is the wordplay.
'tease' becomes 'rib' (I've seen this before).
'players' becomes 'band' (I've seen this before).
'rib'+'band'='RIBBAND'

'offering' is the link.

I've seen this clue in The Times.

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