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2.
An elite team of high school juniors and seniors that go around molesting freshmen for fun. They get scared and cry and everyone laughs. Everyone hates freshmen lol.
freshy 1: Oh NOO its the Cream Team!!

freshy 2: they're gonna touch us and make us feel uncomfortable RUNNNNNNNNNNNNNNNNNNNNNN!!!!!!!!!

Cream Team leader: after them.

Cream team: Oh yes you like this you loser freshmen bitches! Yeah!

rest of school: lol damn
by Lex steele April 06, 2006
 
1.
A team that is populated by talented members, representing the "cream of the crop".
John: How do they keep winning?
Mary: They rock at that, they're the Cream Team.
by reverb232 June 23, 2013
 
3.
A group of male homosexuals who regularly get together and masturbate in the sauna/shower
When the French national soccer team underperforms, I sarcastically call them my favorite cream team
by Sexydimma October 03, 2014