I love wrestling but I don't see this working, at any level. I'm gonna lay some hard truths down but keep in mind I love and coach the sport.
Most people think wrestling is boring, unless you've got a highlight reel of super awesome throws no one really gives us a second thought.
Unfortunately people still look at our sport as kinda gay, "Two guys in tights rolling on the ground..." Sorry, I don't feel that way but the stigma is still there.
I don't think you're going to make a wrestling fan out of someone who isn't already a wrestling fan. Sure in high school you might get the school behind the team but when there are no school colors attached to those wrestlers I think people lose interest fast.
What style would you wrestle? Freestyle is fun to wrestle but boring to watch in my opinion, folkstyle is a bit more entertaining (again in my opinion) but the top tier guys out of college are training in freestyle.
I have zero clue what the answer is on this next question but here goes....
How many people do you know outside of wrestling really sit down and watch NCAA tournament wrestling? Or care to watch Olympic wrestling? My guess is not many. These are our biggest stages and we don't get viewership, do you really think putting lights and smoke out there is going to change that? I think not.
Before you get mad at me keep in mind 2 things. #1 I love the sport as much as anyone. #2 I'm just being honest.