Just so you know, Knockouts definitely aren't in. I wonder if you can make females in CAW Mode though, then either have them challenge for the other Titles (in theory, anyone can go for the X-Division Title), or if you can create Championships.
If you could create a Title, with it working like the other Titles, so unlike in SvR, you couldn't have a different Champion for each match, I'd make some fun Titles to give to the lesser-known guys in the game.
Avatar and Signature were both made by v-gamer.