Answer:
In 1995, owner Abe Pollin announced he was changing the team's name because Bullets had acquired violent overtones that had made him increasingly uncomfortable over the years, particularly given the high homicide and crime rate in the early 1990s in Washington, D.C. The final straw was the assassination of his longtime friend, Israeli Prime Minister Yitzhak Rabin. A contest was held to choose a new name and the choices were narrowed to the Dragons, Express, Stallions, Sea Dogs, or Wizards. On May 15, 1997, the Bullets officially became the Washington Wizards.