No Clue

How I want to adapt The Ring to my simulation series, if anyone has any ideas I'm open to them because I've tried to give it thought. I want it to still be in the season format and plan for it to be Season 20 or 21. I thought maybe 16 people drawn to play, and then they compete in a bracket thing, and obviously if people win they move on and fight others, but considered that if people lose they fight each other as well to determine placements until everybody has done enough duels to decide 1st, 2nd, 3rd etc all the way to 16th and then we track people's stat's by the record (3-2, 1-6, etc) to accumulate overall into one big recordkeeping thing but unsure