There has to be enough nostalgia over Tecmo Super Bowl to warrant such a thing. People organize tournaments all over the country, a car company based a commercial on it, and stuff like the NES Classic shows a lot of interest in throwback gaming.
Whoever owns Tecmo's IP now put out a modern version of it, but it wasn't very good and was based on the the 16-bit version, not the 8-bit classic.
I'm sure there are issues still using the player's names, but those could be replaced with something generic, like QB Eagles :)