Here are odds that you can take to the bank:
2:3 odds the new nickname is totally lame and pathetic and that it will be spawned from the likes of the anti-Sioux faculty, Leigh Jeanotte, PETA, Jesse Jackson, Keith Olbermann and any other "duckies, bunnies and dewey meadows" pinhead you want to throw in there.
500:1 odds the new nickname is anything close to be being approved and accepted by UND students, alum and the vast majority of the fine people of this state.