Washington's NFL team finally retires name considered to be an anti-Indigenous slur

Washington's National Football League (NFL) team has announced that it will be retiring its name - which has long been considered a slur against Native Americans.

Officials revealed the news via a press release on the team's website, which read:

"On July 3rd, we announced the commencement of a thorough review of the team's name. That review has begun in earnest. As part of this process, we want to keep our sponsors, fans and community apprised of our thinking as we go forward.

"Today, we are announcing we will be retiring the Redskins name and logo upon completion of this review.

"Dan Snyder and Coach Rivera are working closely to develop a new name and design approach that will enhance the standing of our proud, tradition rich franchise and inspire our sponsors, fans and community for the next 100 years."

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Per NBC News, the decision comes less than two weeks after the team announced that it would conduct a "thorough review" of the name. In addition, the team has reportedly faced growing pressure from sponsors to change the name.

The team has yet to reveal what its new name will be.

Team owner Dan Snyder told USA Today back in 2013 that he would "never change the name", adding: "It's that simple. NEVER — you can use caps.

However, it seems that the pressure from sponsors in recent weeks forced his hand.

Earlier this month, FedEx - which currently owns the naming rights to the field team's home ground - officially requested that the team change its name, NBC reported.

And per Adweek, FedEx's request came after 87 investment firms and shareholders - worth a total of $620 billion - sent a letter urging the shipping giants - along with Nike and PepsiCo - to cease all business with the NFL team until the defamatory name was changed.

First established on July 9, 1932, the team adopted the problematic name back in 1932 - back when they played in Boston, Massachusetts. Before that, they were known as the Boston Braves.

The team has scooped three Super Bowl championships, earning victories in 1982 (XVII), 1987 (XXII), and 1991 (XXVI).

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In a statement following the team's decision, NFL Commissioner Roger Goodell has said that he is "supportive of this important step."