WWEi - Raw Edition Mediocrity at it's Best
Ok I'm gonna repeat some of the criticism but also add a constructive touch with it, because I feel you had something.
Obviously the sound was below par but it may be all you had to work with. Also the voices were done poorly. In order to fix this stand a little bit back from the mic and for the voices OVER do them so you can get a real character out of it, whether or not its accurate.
As for the graphics, they were decent. They were basically recognizeable so that's a good start. Add contrast to help, they felt a little flat. If you really want to make it nice add highlights too, but those are a bit tricky.
Now I liked your scenario set up but I felt a little short ended. Make it either longer or have more of a story to it. Focus more on the humor because whether or not you get the length or satisfaying story down, you need to have some punchlines in there so we can remember this thing ever existed in the next hour.
Also the topic is a bit hard to be accepted. Generally when fake wrestling and humor are combined its usually only accpetable in the form of an attackagainst wrestling. Maybe alter your course or find some relation that will have a better connection with the audience.
Good try though, but more effort is needed.