ONE Championship fires three key executives amid financial struggles

ONE Championship has terminated three senior executives: vice president and former UFC fighter Rich Franklin, senior vice president of competition Matt Hume, and chief operating officer John Scheerer. The dismissals come against a backdrop of ongoing financial difficulties and event cancellations for the Asian promotion. The report suggests these moves are part of a concerning trend for ONE Championship, which has seen fighters departing, reduced activity for remaining roster members, cancellations of major fights and events, and now the loss of key leadership. These developments raise questions about the long-term viability of ONE Championship as a leading global MMA promotion.