Virtual Pro Wrestling 2 Player Control
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this is unfinished and may not be accurate.

 ________ (Unused?)
| _______ (Unused?)
|| ______ (Team)
||| _____ (Legal Man?)
|||| ____ Alive
||||| ___ Human (1)/Computer (0)
|||||| __ (Interference?)
||||||| _ (Ringside?)
||||||||
||||||||
00000000 = 0x00 Eliminated + Human?
00000001 = 0x01 Ringside + Human
00000010 = 0x02 Interference + Human
00000100 = 0x04 Eliminated + Computer? (this is what you get when triggering shootfight elimination on outside)
00000101 = 0x05 Ringside + Computer
00000110 = 0x06 Interference + Computer
00001000 = 0x08 Legal + Human
00001001 = 0x09 
00001010 = 0x0A 
00001100 = 0x0C Legal + Computer
00010000 = 0x10 Not Legal + Human
00010010 = 0x12 
00011000 = 0x18 Legal + Human?
00100100 = 0x24
00101000 = 0x28 
00101100 = 0x2C
00110000 = 0x30 
00111000 = 0x38 
||||||||
||||||||__ 1
|||||||___ 2
||||||____ 4
|||||_____ 8
||||______ 16
|||_______ 32
||________ 64
|_________ 128

IDA says the code is around loc_8017E808 in the ROM (no mercy?),
so check the db for it.

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2021 better more consistent formatted version:

76543210
||||||||
|||||||+-- (Ringside?)
||||||+--- (Interference?)
|||||+---- Human (1)/Computer (0)
||||+----- Alive
|||+------ (Legal Man?)
||+------- (Team)
|+-------- (Unused?)
+--------- (Unused?)