Is This The OKC Thunder Logo?

If the The Last Ogle is right, and this is indeed the logo of the Oklahoma City Thunder. The OKC “secret” name and “secret” logo was guarded like a Kim Kardashian sex tape. Actually, I’ll bet the mini basketballs are the “secret gift” the first 500 people receive entering the Ford Center for the home opener. 

At this point I can’t really decide if this logo looks terrible or awful, I’m kinda on the fence with that one. 

What do you think?