Kazuchika Okada, the former NJPW star, has recently signed a lucrative three-year deal with AEW, making him one of the highest-paid wrestlers in the industry. The contract is estimated to be worth over $4 million annually, placing him in the same financial bracket as top stars like Roman Reigns and CM Punk.
Known for his exceptional in-ring skills, Okada has predominantly been a top star in New Japan Pro-Wrestling. Despite a brief stint in TNA and sporadic appearances in AEW, his exposure outside of NJPW has been limited.
Prior to signing with AEW, Okada had discussions with WWE about a potential move. However, AEW emerged as the frontrunner due to Okada's previous appearances with the company and the substantial contract offer he received.
The impact of Okada's deal extends beyond his individual signing, affecting both WWE and AEW. WWE, which recently refrained from offering significant contracts to some of its top talents, may face challenges retaining key stars in light of AEW's aggressive recruitment strategy.
AEW's willingness to offer substantial contracts has been evident in recent signings such as Okada, Will Ospreay, and Mercedes Mone (formerly Sasha Banks in WWE). Mone, who parted ways with WWE due to salary disagreements, is set to debut for AEW soon.
With AEW securing top free agents, WWE could potentially lose prominent talents like Seth Rollins, Becky Lynch, and Drew McIntyre, who are yet to finalize new contracts despite their prominent roles at WrestleMania 40. AEW's emergence as a desirable destination for wrestlers poses a long-term challenge for WWE in contract negotiations.
While wrestler salaries in pro wrestling are lower compared to other sports, WWE's reluctance to significantly increase pay scales could impact its ability to retain top talent. AEW's willingness to offer lucrative deals to stars like Okada may further complicate WWE's negotiations with its marquee performers.