Here's an excerpt from the article at Variety.com:
"We've been circling around this property for a long time now," said Craig Plestis, exec VP of alternative programming, development and specials at NBC Entertainment. "It's truly what's not in the TV landscape right now. While everyone's zigging, I'm attracted to doing a zag."
Net wouldn't confirm the episodic order, but at least six segs are believed to be in the works. NBC could opt to launch the show as a one-week strip -- similar to how it bowed "Deal or No Deal" -- or as a weekly skein.
Airing in syndication from 1989-96, "American Gladiators" focused on physically fit amateur athletes who competed against the show's regulars (action stars, stunt professionals and pro athletes) in various physical strength and endurance competitions.
The show hit it big by showcasing David vs. Goliath-style battles in events such as the Joust, the Wall, the Eliminator and Hang Tough. Coincidentally, the original "Gladiators" shot its first several seasons at Universal Studios.
Apparently the new version of the show will be designed more closely to the UK version of Gladiators. Viewers will get more background informations and story lines about the contestants and the gladiators themselves, which will hopefully hook audiences from episode to episode. Check out the Wikipedia entry for everything you forgot about American Gladiators.