South America has a long history of lucha libre programs aimed at kids – less violent, driven by comic-booky characters and storylines, and full of super heroes, evil wizards, rasslin’ monsters and yes, martial artists. Here’s some cheapo He-Man knock-off ninja figs from the 80’s, crudely repurposed for a 100% Lucha or Titanes en el Ring tie-in.
Nice write-up on this line over at Geek Orthodox.
This set is on eBay right now, in fact.