Surprisingly, the Olympians have a wordmark logo and alternate logo. The team folded in 1953.
Primary[]
1949-1953: A shield with the Olympics logo on it "OLYMPIANS" on it.
Alternate[]
1949-1953: A red and blue basketball with 'INDIANAPOLIS OLYMPIANS" on it.
Wordmark[]
1949-1953: "INDIANAPOLIS" in red and "OLYMPIANS" in blue.