WWE Raw 2 is a follow-up to WWF Raw. The game contains new modes, superstars, and an enhanced season mode. It features 64 WWE superstars, along with the ability to add 64 additional wrestlers of the player's own creation from the Create-a-Superstar mode.
New modes include Ladder Matches, Table Matches, Cage Matches, and "Hell in a Cell." All of these modes can be played with up to five other CPU-controlled wrestlers (or three other human opponents).
The season mode allows the player to choose any superstar, be it a WWE star or a wrestler he has created, and play his way through a year's worth of WWE programming. Set traps, interfere with other matches, steal from other wrestlers, and encourage others in order to make it all the way to Wrestlemania.
The game features an undocumented "Dynamic signboard" system -- if the wrestler you select shifts from "good guy" to "bad guy" alignment, the signs that appear in the audience will adopt a negative tone towards the wrestler. Two positive, two negative, and two neutral signboards exist for all of the game's superstars.
When the "Set trap" command is selected, one out of every one hundred times an anvil will hit the enemy wrestler, putting him or her permanently out of commission. This was designed to be so rare that anyone who reported it happening would be labeled a liar.
The entire development team was laid off on the day the game was mastered for US release.