Enter the code - Up, Up, Down, Down, Left, Right, Left, Right, Y, Y, X at the main menu then go to the options screen and 'save options'.
Finish career mode with Tony Funk to obtain Dory Funk
Unlock All Legends At the Main Menu press UP, UP, DOWN, DOWN, LEFT, RIGHT, LEFT, RIGHT, Y BUTTON, Y BUTTON, X BUTTON
Unlock Captain Lou Albano Complete a career as a heel (bad guy) wrestler to unlock Captain Lou Albano.
Unlock David and Micheal Von Erich Complete the career mode as Kevin Von Erich.
Unlock Dory Funk Jr. Complete a career with his brother Terry Funk.
Unlock Ivan Koloff Win a Versus Tournament.
Unlock Jimmy Hart Complete a career with a face (good guy) wrestler.
Unlock King Kong Bundy Win the Southeast Territory belt.
Unlock Mr. Fuji Win the tag team title in Tournament mode.
Unlock Robert Gibson and Ricky Morton Wrestle under the tag team tag of the Rock-n-Roll Express and win a tag team tournament.
Unlock Sabu Use The Sheik in career mode. In the middle of the career, he will be unlocked.