ONE Championship fires three top executives amid financial struggles

ONE Championship has terminated three key executives: Vice President and former UFC fighter Rich Franklin, Senior Vice President of Competition Matt Hume, and Chief Operating Officer John Shelley. The dismissals come as the promotion faces ongoing financial difficulties and event cancellations. The report suggests ONE Championship may struggle to maintain its status as a leading global MMA organization. The promotion has been experiencing fighter departures, reduced activity among remaining fighters, cancellations of major fights and events, alongside these executive departures. The organizational changes signal significant challenges for the Asian-based promotion's future operations.