I caught just a minute or two and wasn't interested. What was fun about those old shows like Robot Wars and Battlebots was the range of different designs, abilities, and strategies the robots had, which is lost when they're all just humanoid torsos with different surface stylings. I don't really see the appeal of a show built around an oversized game of Rock'em Sock'em Robots.
And if it is built around "reality TV tropes" as Mark says, then I don't think I'd be interested. What a shame that we can't have real reality anymore, that it all has to be so formulaic and full of artifice rather than just being the kind of legitimate robotics competition that those old shows were.