I would agree with you if this was entirely a question of "cultural elites" deciding on this, but the best and most recent data we have polling actual Native Americans most of whom are not "cultural elites" indicates at least some dislike of the name.

news.berkeley.edu/2020/…

The team had previously spend a lot of time and money justifying the name. There are plenty of Native Americans that are not offended by the name, there just seem to be a clear majority that are and that should be taken into account.