[NC_Skins]

"This ruling — which of course we will appeal — simply addresses the team’s federal trademark registrations, and the team will continue to own and be able to protect its marks without the registrations. The registrations will remain effective while the case is on appeal.

So the team still owns the trademarks until the appeal is over. If they get denied, I take it the use of the term Redskins is a free for all and the team will no longer have sole rights to its ownership.


edit: Matty's article linked above explained some of my questions.