According to The Wrestling Observer Newsletter, WWE Hall of Famer and legendary wrestling commentator Jim Ross is likely to renew his deal with AXS TV to keep providing English commentary for New Japan Pro Wrestling. Ross has noted in the past that he has never had a contract with the New Japan promotion itself, but with AXS TV.
Ross has reportedly already verbally agreed to a new deal but they just have to finalize the details of the contract.
This is not expected to affect his current status with WWE. He may still be brought in to provide commentary for WWE on special occasions as he has done a few times over the past year or so.