During the ongoing global health crisis, caused by the Coronavirus, New Japan Pro Wrestling (NJPW) have pledged to continue paying full salary to all staff, including their on screen talent.
Dave Meltzer said today that even though NJPW is feeling the financial burden more than UFC, AEW and WWE they have committed to look after their staff and subsequently their families.
This cake as a surprise because half of NJPW’s revenue comes from their live events which have obviously been put on hold. They do not have as much money coming in from television deals as other producers do.
NJPW’s last live event was held on 26 February. They have cancelled all shows up to 4 May though this could well be extended, given the situation.
President Harold Meij said the following in a letter sent to NJPW fans:-
“NJPW have been taking the ongoing global situation very seriously from an early stage. Currently over 90% of our employees are working from home as we continue to do our civic duty as a company to prevent the spread.”
“Make no mistake: we will get through this together. I firmly believe that the fighting spirit of New Japan Pro-Wrestling is one that can overcome any opposition. I look forward to the day the greatest wrestlers in the world can show that spirit in the ring once more.”
“And so, the ‘King of Sports’ emerges as the pro-wrestling organisation with its head held highest through all of this.”Wrestling Observer Newsletter
Very brave and very noble decision to make. Although they may lose in revenue they will gain respect from their staff, their families and the fans of the franchise. Well done.