It won't really make any difference if you keep up with the lucha event or not...that's one of the reasons we're posting so fast. It's just for our entertainment (because we're all wrestling fans).
If it helps...
Draconia St. George is La Fuega (fuega means 'fire' in Spanish).
Chase Q is Dos (which means 'two' in Spanish). He and Manny Taur are a tag team called Los Monstruos de Destructos (The Monsters of Destruction). They were not very original with their wrestling identities. Manny's wrestling name is Uno, so they are Monstruo Uno and Monstruo Dos. (This is an inside joke that only really hardcore wrestling fans may get)
Marianna Trench is Challenger Deep. Rather than wearing a mask, she wears face paint, sort of like the
Legion of Doom. Her dad is a former professional wrestler whose wrestling name was Dave Bootista. This is also an inside joke...the real Dave Bautista (who was Drax the Destroyer in Guardians of the Galaxy) used to wrestle under the name 'Leviathan.'
On the other side of the ring are the New Dead. They are
Draugr, a subset of zombies who retain whatever skills they had in life. (This is why they can talk and wrestle and play the trombone)
https://www.youtube.com/watch?v=TZkfHdk-_nIThe New Dead are puns based on real-life wrestling faction The New Day. They are hilarious, weird wrestlers who love unicorns, anime, cereal, trombones, wiggling their butts and still manage to kick booty. The three members of the New Dead are:

Corps-E Tinypants - Based on Big E Langston, who is known for being Big and wearing tiny, tiny pants
Hexavier Woods - Based on Xavier Woods, who plays the trombone and runs a youtube channel called UpUpDownDown based on video games
Mouldy *somethingorotheraskHarry,henamedhim* - based on Kofi Kingston, the high-flying veteran member of the team
http://imgur.com/gallery/teVnn