ONE Championship fires three key executives amid financial struggles

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 amid ongoing financial difficulties and event cancellations for the promotion. According to the report, the trend suggests ONE Championship may struggle to maintain its status as one of the planet's leading MMA organizations. The promotion has been experiencing fighter departures, reduced activity for remaining athletes, key staff layoffs, and cancellations of major fights and events.