The New Orleans Hornets are about to be a new team. In name at least.

The franchise announced a new logo and colors on Thursday and will now be named the Pelicans. Watch LIVE on NBA TV here. The new logo features a menacing Pelican with red, gold and blue colors. According to USA Today: The pelican, Louisiana's state bird, symbolizes the city and region's return from the devastating impact of Hurricane Katrina and reminds fans of two major issues: coastal restoration and wildlife conservation.