I'm gonna switch gears to another leak that's probably fake but has been piquing my interest the more it's gotten things right. It's that giant 4chan list that claims to know the list of 40 characters that were given to Sakurai. Is know Sakurai has stated multiple times (especially with Steve) that Nintendo has sent him personal fighter requests and not a general list.
Let's say the next 3 fighters are on that list and there's a chance that the post is actually correct (because with the amount of characters it guessed, it coul honestly not even be real and just guess by dumb luck), I was just thinking maybe it's another game of broken telephone and it's true there was a list among to decide a fighter from but it was only created by Nintendo executives for themselves which they'd decide from and then go to Sakurai and tell him to make the fighters they chose.
The only way I think that list is real though is if some or all of the next 3 fighters are some of the less obvious picks from that list rather than popular characters anyone could have guessed.
ASSUMING "The List" is real at all, this is my general belief for how this could fit together:
1. Nintendo executives or whatever team is involved, get together and go "We're gonna make Smash DLC fighters, what are some ideas you barnyard animals have?" and they hold a meeting.
2. In this meeting, Nintendo people toss around names, not terribly unlike what we do in speculation but in an official capacity. They lift names from several categories. "Which would promote new and upcoming games?" "Which would be fan favorites?" "Which third parties would we like to build relationships with?" etcetera etcetera etcetera. At this point, they haven't made any phone calls to anybody or any studio, they are literally just throwing names around the room and putting them on a whiteboard per se.
3. They wind up with around 40 names or so and then they go "OK OK you barnyard animals made quite a lot of noise. Good job, boiiiiiiiiiiiz meeting adjourned, now GET OUTTA HERE!"
4. The BIGGEST Nintendo executives take this list of names as far backstage as they can take it. At THIS POINT, we're talking producers, we're talking THE BIG BOYS! The people who "peer over their glasses" while asking Sakurai to add a character. It is at THIS point where the ACTUAL characters are chosen from the pool of 40 or so names, with a backup or so in case negotiations don't work (such as with the Sora situation). The guy who posted the 40 names on 4chan wouldn't have known which characters were ACTUALLY chosen because he's not part of this super secret group, he was just part of the group throwing names at the wall in parts 1 and 2.
5. Those Nintendo producers have ideas of their own, such as Min Min possibly being a specific request from the producer of ARMS. There could well be another character like this too, a "Nintendo producer said you HAVE to include THIS character, no ifs ands or buts", irrespective of whether they were on the list or not.
6. At last, the decisions are made, they meet with Sakurai, peer over their glasses, make some phone calls and meet for negotiations and all that stuff. After all is said and done, they never walk they never run, THEY'RE A WINNER! They make the characters and related content and then we argue about it.