The logo is a miss IMO. It looks like a yacht or a cruise ship instead of a clipper ship and it's overly complex. Just like with flags, the visual elements should be distinguishable even when very small or far away and that's just not the case here. The lines on the bow of the ship that appear to hint at a basketball are only even noticeable if you blow up the logo and look closely.
Which is all a shame because the rest of their rebrand (colors, uniforms, line art/font) is actually really good.