If you find that somewhat of a mouthful to say, I'd have to agree. With a fight they had no hopes of winning, Ravelry acquiesced to the USOC's demands that they "cease and desist" using the name "Ravelympics" and decided on with the much less melodious "Ravellinic" Games. If you're wondering where on earth they came up with that, it references the Panhellenic Games which is what the Olympics were called in ancient Greece. Since the absurdly long reach of the USOC doesn't quite extend that far back in history, it's an entirely legitimate, if ungainly name to use.
If I haven't made it rather obvious, I'm not enamored of the name. It doesn't roll off the tongue (or read) as eloquently as "Ravelry Games" but that name was suggested by the USOC and I don't blame Ravelry one bit for not using it. The USOC may have apologized twice but only because they were taking a pounding in the press. The upside to all of this is that the USOC will go down in its own history as bullying a community of knitters and skulking away with a permanent black eye.