It's not a movie that panders to the lefties but it definitely panders to fans of the first film and Sandler in general. For the wrestling fans MJF and Becky Lynch have small parts and both are fine. MJF charisma does come through while maintaining that heel smugness he's known for.
I was a big fan of the first one and smiled through this one. It's full of flashbacks, references, and gags from the first movie. I would probably give it a low C as far as a grade.
No one is confused about why Sandler movies suck, but they still do suck.