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 Schieler. The dismissals come as the organization faces ongoing financial difficulties and tournament cancellations. According to the report, these developments suggest ONE Championship may not continue much longer as one of the leading MMA promotions globally. The organization is experiencing departures of fighters, reduced activity among those who remain, key staff layoffs, and cancellations of major fights and events.