Nope.
Because unlike athletics, you can't influence the outcome. Now, I know what you're thinking- But wait, is Snarf accusing them of scripting things?
No, I'm not. What I do think should be very obvious is that the reason that reality TV is the better analogy is that people change their performances to "play up" to the cameras. And while the events aren't scripted (they aren't reading off of scripts), the amount of prep time put in and the need to hit certain beats knowing that there is an audience means that it is closer to something like Curb Your Enthusiasm, with a loose outline that provides talented performers a lot of room for improvisational work, than it is a typical home game that just happens to be filmed.
I am not sure why this is controversial. The people involved are in the Business, and this has become incredibly lucrative. They are all talented performers. To think, for even a second, that they are not applying some of their learned knowledge and skills as performers to something that is making them all money seems fantastical. Not to mention incredibly dismissive of their own skills.
But that's just me. I tend to value what they do as performers as business people.