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It pretty much boils down to a mix of them vastly underestimating how long this pandemic was going to last and them fearing over losing too many big money making moments and matches if they just acted as if everything was normal.
WWE is in a similar boat in regards to the former since they didn't think their stay at the Performance Center and ThunderDome was going to last beyond the summer. Main difference is WWE has a massive money coming in from their tv and Peacock deal unlike AEW (and other promotions) so they don't have those same financial and booking worries.
Like that Blood and Guts match would have easily sold out AEW's New Jersey show had it taken place at the time but now its going to make them way less money due to it being in front of a much smaller paying crowd but AEW felt they couldn't hold off on doing that promised match any longer. For some reference the Prudential Center in NJ has a capacity of around 16k for events while Daily's Place is still limited to around 1k for big shows.
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