A team with a lot of talent and promise. With the signing of Gilbert Arenas
in 2003, the Wizards became better, and in the year 2005, Arenas, with the help of Antawn Jamison and Larry Hughes, made the playoffs for the first time since they were the Bullets. The following year, they repeated their playoff berth, but were ousted in the first round. As I'm writing this, they are near the top of the Eastern Conference.
As for the team's name, this franchise had to change its name in 1997 because its former name, the Bullets, carried a violent connotation (during the 1990s, Washington DC was dubbed the "murder capital" of the United States).
I never would have guessed the Washington Wizards would be at the top of the Eastern Conference at this point in the season. Gilbert Arenas has been on fire; he dropped 50 points again!