It was actually done by two of the Mirage employees, Ryan Brown and Stephen Murphy (Dean Clarrain), but published by Archie comics. I wonder why you'd suggest an adaptation of Archie comics over the original Mirage comics? The first movie was the closest we've ever gotten to a true adaptation of the Mirage comics, but…

Those wrestling costumes were actually early concepts for the turtles to wear in the Eastman and Laird comic book.

The 2003 cartoon is much closer in tone to the original Mirage comic books.