well technically there are two "status" in the game. Not sure which you mean so I'll answer both.
First is a fighter's scheduler stance, such as Automatic, Manual, or Retired. This should be kinda self-explanatory.
Second is the highest rating a fighter has ever achieved. So a fighter with a rating of 23 and status of 26 means he has achieved 26 rating at some point in his career but has lost some fights since then.
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