The logo itself turned out pretty well, while I prefer their current unique color scheme of Creole Blue, Dark Purple. Mardi Gras Gold and White. The Blue, Red and Gold is alright, but it has already been done by the Cleveland Cavaliers, so that's a little disappointing. Here are the alternate logos and their descriptions.
This is some information on the colors chosen:
Okay, I get the why they chose blue and gold, but what is up with description of red. "It also represents the legend of the mother pelican pricking her own breast to feed her young in times of need, doing whatever it takes to endure." What is this? Did they run out of ideas and decided to watch a pelican feature on Animal Planet? We don't need to know that. Gross.