Apparently they had the logo before they had a name. The logo is supposed to be a peace sign, but someone said off-hand "it looks more like a Chicken foot" and the name stuck... well, that's what I heard :-)
...drove into town to ask the local rock station who played this! I thought they were the next big thing in rock. Turned out to be Sammy and the boys! I guess some things never change.
Napkin Lad: You're a madman!
Lars ("Carl Brutananadilewski"): It's good to be somethin'!
[puts tape in the tapedeck, then puts the hovercar into a dive into the ocean]
Last Dance for Napkin Lad
Aqua Teen Hunger Force (Season 8, Episode 10)