The New Orleans Hornets are expected to change their team name to the Pelicans as early as the 2013-14 season, according to multiple reports this week.
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Hunt - brother of former F1 world champion James Hunt - acquired the Team Lotus name following the collapse of the team in 1994 with financial problems.
For a long time, a modding team by the name of Team Gizka seemed to be making excellent progress on restoring and updating the missing content but while one leaked beta escaped, no official release ever appeared.
But if a reboot has only the concept, but not the team nor name of the original, is that good enough?
There are cyclists in team-name Lycra and others pedalling in flip-flops.
And there is a separate case about the rights to use the historic Team Lotus name, which Fernandes bought from its previous owner David Hunt last year.
Fernandes bought the rights to the Team Lotus name in an attempt to protect his investment in F1 when he realised he had fallen out of favour at Group Lotus.
Only after nearly half the votes were cast for some variation of the Sounders name via write-ins did the management team decide to name the club Seattle Sounders FC.
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It doesn't matter if you've won the tournament 11 times or you're a big-name team with an army of followers.
They are prepared to commit to the passion of supporting a rugby league team carrying the name of their proud region, and there's a television deal in place.
More than any other big-name team, the Jayhawks are known for tournament meltdowns against decided underdogs: 14th-seeded Bucknell in 2005, 13th-seeded Bradley in 2006, ninth-seeded Northern Iowa in 2010.
With a fresh bracket for each round, the random format means that a no-name team with some good fortune can advance deep into the tournament before having to face one of the game's behemoths.
McGeechan and his backroom staff of Warren Gatland, Shaun Edwards and Rob Howley - the Wales coaching team - will name their final squad of around 35 players in April, after the Six Nations.
The new Malaysian-backed team brought the Lotus name back into F1 for the first time since 1994, when Team Lotus collapsed because of financial reasons.
Elsewhere, Team Lotus officially changed their name to Caterham F1 on Wednesday, with team principal Tony Fernandes eyeing improvements in the 2012 Formula One season.
Organisers did not name which team was involved but vowed to investigate the incident.
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Wales name their team on Thursday following their return to their Vale of Glamorgan headquarters outside Cardiff.
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Last year, Mr Fernandes' team raced as Team Lotus - a name that was not owned by Group Lotus.
Waite will name his team for next week's Test match against France in Agen as well as his squad for the Australian series on Thursday.
He became president of the city's biggest cycling club, the Century Road Club Association, ran clinics, started a team that bore his name on the jersey.
Vaux directors, if they have to face the roar of disapproval from Sunderland, may well rue the day they put the company's name on team shirts.
Then there is Pam Gardner , the Houston Astros' president of business operations, who successfully changed the team's stadium name from Enron Field to Minute Maid Park.
Ashton will name his team on Tuesday for Saturday's vital World Cup pool match, with England desperate for a win as they try to reach the last eight.
Bertarelli assigned Bonnefous to study a complete overhaul of the America's Cup last year--long before anybody knew Team Alinghi (the name is meaningless) would emerge as the winner.
The fact that Wright continued playing demonstrates what makes him such a special player and why the Mets will likely name him team captain before the start of the season.
That same year, Bon Jovi hired former IRS agent Mimi Box to help start the Philadelphia Soul Foundation, initially in conjunction with the Arena Football League team of the same name, which Bon Jovi co-owned.
As the chasm grew between Alabama and the other team -- the name will surely come back to us soon -- ESPN kept going back to the well, repeatedly showing Webb cheering in the crowd, wearing her boyfriend's No. 10 jersey.
Through 2010, the French company had retained only a 25% shareholding in the team that bears its name, and it has now sold its remaining equity so the outfit is now wholly owned by the Genii Capital private equity group that is running it.
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