Instead of going to a Sectional, then Regional and then to the State Tournament, why not expand the Regionals at the 2A, 3A and 4A level from 4 to 8 sites. For the 1A go to 4 sites for their Regionals. Advance 4 placers from each Regional to the State Tournament for the 1A, 2A, 3A and 4A classifications.
That would give you a 16 man bracket for the 1A and a 32 man bracket for the 2A, 3A and 4A. Wrestle 2 rounds on Thursday, with competition starting at 12 noon. You then could do true seeding for the wrestlers, or at least the top half of the bracket.
And only wrestle back to 4 places in each classification and awarding medals to each.
You could still start the finals on Saturday at 5pm.