It will be deemed offensive and you would be stripped of your rights. Just ask the Redskins.
Wow Check this out - I did a search on “Redskins”...Look what it says up top: CANCELLATION PENDING. Holy smoke, they have to be kidding me. How long has that name been around? Since the 1930s? And NOW they are offended? After 84 years suddenly they are offended?
http://www.trademarkia.com/trademarks-search.aspx?tn=redskins