As much as I miss the Rough Riders, love the name, and loved the helmets they had, I was watching the 1968 Grey Cup game between Ottawa and Calgary, and admittedly it didn't really jive with me that the "Rough Riders" weren't Saskatchewan ...
It $ucks that the Rough Riders are gone, and it $ucks that they had the name before Sask did, and it $ucks that CFL-bashers use the 2 similar (not identical) names as a reason to bash the league, but I have to say that after 10 years of the only Rough(_)riders being from Saskatchewan, I don't know if it makes sense to go back.
You don't have to dump it completely though. You could have the Ottawa Renegades use this helmet. It's the Renegades font, in the Rough Riders "style".
The CFL has always been quiet about their affairs with their teams; why should it be any different for Ottawa?
Plus, the situation with Palmer buying the team is completely different from Feterik buying the Stamps. Palmer knows the CFL - he played in it. Palmer is Canadian. Not to mention, Palmer's son is actually a competent QB ... not that I agree with buying a team to put your son at QB, but I doubt that's his intention anyway.