ONE Championship fires three key executives amid financial troubles

ONE Championship has dismissed three senior executives: vice president and former UFC fighter Rich Franklin, senior vice president of competition Matt Hume, and chief operating officer John Schaeler. The dismissals come as the promotion faces ongoing financial difficulties and event cancellations. The organization is experiencing a troubling trend with fighters departing, remaining fighters inactive, key staff being let go, and major fights and events being canceled. These developments raise serious questions about ONE Championship's future viability as one of the leading MMA promotions globally.