SuperSonics Logo from 2001-present
In the 2000 season an updated version of the New York Giants logo returned as the primary logo of the football team. Giants logos have always centered around three distinct concepts: a "giant" football player in a position to throw a pass, the word "giants" and variations of the initials NY. The "NY" and "Giants" logos have been featured on the teams uniforms over the past 46 years. However, currently the original "GIANTS" script logo does not appear on the teams' uniforms. 
With an increasing crime rate in the area, it was the seemingly right thing to do. They held a public contest to come up with the new slogan, which the Wizards won at an overwelming rate. Times have changed. Circumstances have changed. The executive vice president of the basketball team, told the public that this is not just a name change. He made public service announcements about violence to schools. He receieved many angry letters but encouraged the public that "the new nickname can reflect strength and courage without representing weapons. Too many public figures, too many children, have been killed already."
The old Bullet logo is below. Does not have any characteristics about guns, but just the name alone questioned many.
The 2012 Olympic games will be held in London, starting July 27th and ending August 12th. The 2012 Paralympic Games will start August 29th and finish September 9th. The debate as to what the logo would be drug on for Lord Coes unveils the logo for the 2012 Olympics in London claiming it is "ambitious, interactive and youth-friendly". For the first time, the logo will be used for the Olympics as well as the Paralympics.
Youth involvement was a key selling-point in helping London win the right to host the Games. A successful logo will bring in sales from merchandise including mugs, t-shirts, hats and sweat suits. I think the new logo is bright and colorful and consumers will be attracted to it!
CURRENT PICTURE
The question has always been should baseball's Cleveland Indians change their "red man" MLB logo. The debate has been going on for years. The original intent of the logo was to was to honor a great native american baseball player, Louis Sockalexis. The spectacular athlete played in Cleveland from 1897-99. The mascot is a red-skinned, buck teeth, caricature of an Indian. The whole controversy over the logo first began in 1944 when a large crowd of members of the American Indian Movement flocked into the new stadium to protest the logo. They called it a racial stereotype of real Native Americans. The nickname and its cartoon logo have been criticized for perpetuating Native American stereotypes and from time to time many protests have arisen. 
A couple years ago, all teams at Syracuse changed their nickname as well as their logo. They went from the Orangemen and Orangewomen to just the Orange. It also introduced a new official school logo, teaming with Nike to redesign its major athletic uniforms. The new logo for Syracuse consists of an interlocking S and U that is "aggressive" and depicts "speed and a competitive edge". They put their new logo on all athletic uniforms. Unity and color seem the two biggest aspects of Syracuse's move, as the university wants to stress uniformity throughout its athletics department. With Syracuse as the only NCAA Division I school to have orange as its primary color, many officials felt that unifying each sport under the same hue by name was the right decision.