About midway through my college tour, so c. 1988-1989, there was an arcade game that came out on the heels of Street Fighter II which was for all intents and purposes the same game, except that it was set in a sword-and-sorcery arena, rather than a contemporary martial arts setting. I don't remember much about it except that I liked the wizard character, who croaked out his spell names in a weak old voice that sounded like he was going to keel over and just die at any moment. The two main spells he had that people used were one called "magic fire" / "magic tower" / "fire tower" (I can't remember which it was), which immolated the foe in a pillar of flames, and "magic rain" which summoned several jewels (or possibly icicles, I was never sure which) that would fly at the foe one-by-one and nickel-and-dime them to death.
However, I can't for the life of me remember the title. I can remember Pigskin, which was another favorite of mine at the time, but not this arena game. Anybody else out there remember it?