On point - I think the one that stands out is the Legacy remake but I wouldn't choose a blatant re-hash. Give it a new feel with a different name and put Reigns is as a lead instead of Cody. Sure, Cody has his abilities, but he doesn't have that instant look of being the "main guy" who is running the stable. If you were to have Cody as the 'heavyweight' of the group, you'd need a bigger mouth piece in a manager to push the group to dominance. Cody does have great mic skills, yet this will not overcome the obvious that he looks like a mid-card guy who is still a few years away from being in the main event.
A Re-Hash I wouldn't mind would be "The Varsity Club" (you're jocks group) but I'd personally love for Rutundo or Sullivan to come back and head up the group which would not include Graves but could easily add Adrian Nevell (PAC) to the mix and be just fine.
At least he's omitted the 'Black Hole of Charisma' from Legacy this time.