New Japan Pro Wrestling Chairman Naoki Sugabayashi revealed in an interview with Tokyo Sports that the IWGP Heavyweight Championship and IWGP Intercontinental Championship will be retired, as they will effectively be unified to create a new title, the IWGP World Heavyweight Championship.

The planned match between Ibushi and El Desperado at New Japan Pro Wrestling’s 49th Anniversary event will be a non-title match, with Sugabayashi stating that he expects that Ibushi will defend the IWGP World Heavyweight Championship as its first Champion against the winner of the 2021 New Japan Cup.