Thanks for the suggestions, this is why I'm leaning towards having separate watermarks for my sports and traditional photography. The reason the watermark is so large is because photos get posted on facebook, e-mailed around, etc. I want the viewer to be able to clearly see who's photo this was, as well as allowing them to find out where it's from if they want to purchase it or see the rest of my photos.
Having a simply logo such as DP (which looks great BTW) wouldn't help someone who has no idea who I am, and by seeing just "CBG" on the side would have no idea how to find me or my photos. I added the ".com" so someone could easily locate where the pictures originally came from.
I was 50/50 on the camera icon, I'll mock up a version without it to see how it looks.